last column is carrying value of bonds

On January 1, 2017 Marigold Company acquires $320,000 of Spiderman Products, Inc.,8% bonds at a price of $296,540. Interestis received on January 1 of each year, and the bonds mature on January 1, 2020. The investment will provide Marigold Company a 11% yield. The bonds are classified as held-to-maturity. (a) Prepare a 3-year schedule of interest revenue and bond discount amortization applying the straight-line method. (Round answers to decimal places, eg. 2,500) Schedule of Interest Revenue and Bond Discount Amortization Straight-line Method Bond Purchased to Yield Cash Interest Bond Discount Carrying An Received Revenue Amortization of Bond s ype here to search ate 1/12 Home