O You received partial credit in the previous attempt ued 10% bonds with a face armount of $560,000 on January 1, 2018. The bonds sold for $515,071 and mature in Appling Enterp 2037 (20 years). For bonds of similar risk and maturity the market yield December 31. Appling determines interest expense at the effective rate. Appling elected the option to repo value. The fair values of the bonds at the end of each quarter during 2018 as determined by their counter market were the following: was 11%. Interest is paid semiannuallyne 30 and bonds at their fair the over-the- market val March 31 June 30 520,880 515,eee 522,0ee 31 General (risk-free) interest rates did not change during 2018 Required 1. By how much will Appling's comprehensive income be increased or decreased by the bonds (ignoring taxes) in the March 31 quarterly financial statements? 2. By how much will Appling's comprehensive income be increased or decreased by the bonds (ignoring taxes) in the June 30 quarterly financial statements? 3. By how much will Appling's comprehensive income be increased or decreased by the bonds (ignoring taxes) in the September 30 quarterly financial statements? 4.By how much will Appling's comprehensive income be increased or decreased by the bonds (ignoring taxes) in the December 31 K Prev 7 f 7 Next O You received partial credit in the previous attempt ued 10% bonds with a face armount of $560,000 on January 1, 2018. The bonds sold for $515,071 and mature in Appling Enterp 2037 (20 years). For bonds of similar risk and maturity the market yield December 31. Appling determines interest expense at the effective rate. Appling elected the option to repo value. The fair values of the bonds at the end of each quarter during 2018 as determined by their counter market were the following: was 11%. Interest is paid semiannuallyne 30 and bonds at their fair the over-the- market val March 31 June 30 520,880 515,eee 522,0ee 31 General (risk-free) interest rates did not change during 2018 Required 1. By how much will Appling's comprehensive income be increased or decreased by the bonds (ignoring taxes) in the March 31 quarterly financial statements? 2. By how much will Appling's comprehensive income be increased or decreased by the bonds (ignoring taxes) in the June 30 quarterly financial statements? 3. By how much will Appling's comprehensive income be increased or decreased by the bonds (ignoring taxes) in the September 30 quarterly financial statements? 4.By how much will Appling's comprehensive income be increased or decreased by the bonds (ignoring taxes) in the December 31 K Prev 7 f 7 Next