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On November 1 , 2 0 2 3 , Bramble Corp. purchased 1 0 - year, 9 % bonds with a face value of $

On November 1,2023, Bramble Corp. purchased 10-year, 9% bonds with a face value of $378,000, for $321,000. An additional $11,340 was paid for the accrued interest, which is paid semi-annually on January 1 and July 1. The bonds mature on July 1,2030 and will be held to maturity. Bramble uses the straight-line method of amortization and the amortized cost method for these bonds. Ignoring income taxes, the amount to be reported in Bramble's income statement for the year ended December 31,2023 as a result of this investment is
A. $9500
B. $5670
C. $1840
D. $7095

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