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9. Regarding to question No:7. XYZ records the amortization for 2018 as: (3 Points) Dr. Debt Investments....... $5,400 O C. Debt Investments..... $5,400 O Dr. Debt Investments....... $4,800 O Cr. Debt Investments....... $4,800 10. Regarding to question No:7. Assuming XYZ used the fair value option with a fair value of the bonds is $575,000, on December 31 ,2018 XYZ records unrealized holding gain or loss as: (3 Points) O Cr. Unrealized Holding Gain or Loss-Income .......$9,800 O Cr. Unrealized Holding Gain or Loss-Income ......$10,400 Dr. Unrealized Holding Gain or Loss-Income ....$10,400 Cr. Unrealized Holding Gain or Loss-Income ........$9,800 7. Questions 7-10: On Jan 1, 2018, XYZ Company purchase 10% bonds, having a maturity value of $510,000, for $570,000. The bonds provide the bondholders with a 8% yield. They are dated Jan 1, 2018, and mature Jan 1, 2023 with interest receivable December 31 of each year. XYZ's business model is to hold these bonds to collect contractual cash flow. XYZ records at the date of the bond purchase as: (3 Points) O Cr. Cash $510,000 Dr. Debt Investment ....... $510,000 O Cr. Debt Investments ..... $570,000 O Dr. Debt Investments ..... $570,000 8. Regarding to question No:7. XYZ records the interest received for 2018 as: (3 Points) Cr. Interest Revenue........ $45,600 Dr. Interest Revenue....... $45,600 Gr. Interest Receivable....... $57,000 Dr. Interest Revenue............ $40,800