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On October 1, 2018, Blossom Company purchased to hold to maturity, 2700, $1000, 8% bonds for $3310000 which includes $47000 accrued interest. The bonds, which

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On October 1, 2018, Blossom Company purchased to hold to maturity, 2700, $1000, 8% bonds for $3310000 which includes $47000 accrued interest. The bonds, which mature on February 1, 2027, pay interest semiannually on February 1 and August 1. Blossom uses the straight-line method of amortization. The bonds should be reported in the December 31, 2018 balance sheet at a carrying value of $2700000. $3263000. $3246110. $3310000

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