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On November 1, 2020, Fluck Corp. purchased 10-year, 9%, bonds with a face value of $360,000, for $324,000. An additional $10,800 was paid for the

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On November 1, 2020, Fluck Corp. purchased 10-year, 9%, bonds with a face value of $360,000, for $324,000. An additional $10,800 was paid for the accrued interest, which is paid semi-annually on January 1 and July 1. The bonds mature on July 1, 2027 and will be held to maturity. Fluck uses the straight-line method of amortization and the amortized cost method for these bonds. Ignoring income taxes, the amount to be reported in Fluck's 2020 income statement as a result of this investment is O $4,800. O $5,400. O $6,000. O $6,300

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