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On January 1, 2022. Metlock Company acquires $160,000 of Nicklaus.inc, 10% boods at a price of 5157.314. The interest is payable each December 31, and

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On January 1, 2022. Metlock Company acquires $160,000 of Nicklaus.inc, 10% boods at a price of 5157.314. The interest is payable each December 31, and the bonds mature December 31, 2024. The investment will provide Motlock Company a 12% yield. The bonds are classified as held for collection - Your answer is partially correct Prepare a 3 year schedule of interest revenue and bond discount amortization (Round answers to 2 decimal places es 2512.373 Schedule of Interest Revenue and Bond Discount Amortization Effective Interest Method Bond Purchased to Yield Interest Revenue Cash Received Bond Discount Amortization Carrying Amount of Bonds Sun

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