On January 1, 2017, Marigold Company purchased 9% bonds having a maturity value of $330,000, for $357.062.64. The bonds provide the bondholders with a 7% yield. They are dated January 1, 2017, and mature January 1, 2022, with interest receivable January 1 of each year. Marigold Company uses the effective interest method to allocate unamortized discount or premium. The bonds are classified in the held to-maturity category