On January 1,2022 , Utica Construction sold $1,000,000 of 6% bonds to Monty Enterprise. The bonds mature on December 31, 2025 (4 years). For bonds of similar risk and maturity, the market yield was 8%. Interest is paid semiannually on June 30 and December 31 . Monty Enterprise purchased the bonds as an investment and plans to hold the bonds for approximately 2 years. The fair value of the bonds at 12/31/22 was $985,000. Monty's fiscal year end is December 31 and 2022 was its first year of business. 1. Show or describe exactly and specifically what will appear on the Income Statement of Monty Enterprise for the year ending 12/31/22