On October 1, 2021, Sheridan Company purchased to hold to maturity, 430, $1000, 8% bonds for $450000. An additional $15,000 was paid for accrued interest. Interest is paid semiannually on December 1 and June 1 and the bonds mature on December 1, 2025. Sheridan uses straight-line amortization. Ignoring income taxes, the amount reported in Sheridan's 2021 income statement from this investment should be $8600 $9800. $11000. $7400