Question 21 4 points Save Answer Patton Company purchased $1,500,000 of 10% bonds of Scott Company on January 1, 2021, paying $1,410,375. The bonds mature January 1, 2031; interest is payable each July 1 and January 1. The discount of $89.625 provides an effective yield of 11%. Patton Company uses the effective-interest method and plans to hold these bonds to maturity On July 1, 2021, Patton Company should increase its Debt Investments account for the Scott Company bonds by OA $2,571 OB $5,140 OC $4,485 OD $8,970