On July $1,2026,$ Tanner$-$UNF Corporation acquired as a long$-$term Investment $$320\mathrm{.}0$ million of $4\mathrm{.}0\%$ bonds, dated July $1.$

Company management has the positive intent and ability to hold the bonds untill maturity. Tanner$-$UNF pald $$320\mathrm{.}0$ million

for the bonds. The company will recelve Interest semlannually on June $30$ and December $31.$ As a result of changing

market conditions, the falr value of the bonds at December $31,2026,$ was $$300\mathrm{.}0$ million.

Required:

How will Tanner$-$UNF's investment in the bonds on July $1,2026$ affect the financlal statements?

How will Tanner$-$UNF's recelpt of Interest on December $31,2026,$ affect the financlal statements?

At what amount will Tanner$-$UNF report its investment in the December $31,2026,$ balance sheet?

Suppose Moody's bond rating agency downgraded the risk rating of the bonds motlvating Tanner$-$UNF to sell the

Investment on January $2,2027,$ for $$280\mathrm{.}0$ million. How will the sale of the bond investment affect Tanner$-$UNF's

financlal statements?

Complete this question by entering your answers in the tabs below.

How will Tanner$-$UNF's receipt of interest on December $31,2026,$ affect the financial statements?

Note: Enter your answers in millions rounded to $1$ decimal place, $($i$.$e$.,5,500,000$ should be entered as $5\mathrm{.}5).$ Amounts to be

deducted should be indicated by a minus sign.