Question 3 (1 point) Pretty Pets Ltd. issues a $240,000, 8-year, 4% bond that pays interest semi-annually. If the market rate at the time of issue is 3%, the present value of the bond at the time of issuance, to the nearest dollar, is: $207,683 $223,153 $257,975 $256,958 Question 4 (1 point) The following information has been provided about an asset: Accumulated depreciation (as at June 30, 2021): $59,650 Original asset cost: $147,500 If the asset is sold on July 1, 2021 for $74,500, there would be a: Loss of $14,850 Gain of $13,350 Gain of $14,850 Loss of $13,350