QUESTION 4 1. Quiz Company purchased $1,000,000 of 5%, 10-year bonds on July 1, 2020 for $1,081,756 to yield 4%. The bonds pay interest on July 1 and January 1. Quiz Company placed the bonds into an active trading account with the intent to sell the investment within the next year. As of December 31, 2020, the bonds had a fair value of $1,100,000. As a results of the debt investment investment in bonds), pre-tax income for the year ended December 31, 2020 would increase by. $39,879 C$43,244 C$21,609 $18,244