Question 6 (1 point) ACME Inc. (AI) is holding a bond that it purchased on the open market at the beginning of 2011 with a face value of $500,000. The bond which matures in 10 years pays interest annually at a rate of 6%. As the market rate at the time of purchase was only 5%, the bond was purchased for $538,610. At the 2010 year end, it was determined that the bond has been impaired; the bond which trades actively was trading in the bond market at $460,000 based upon the expected cash flows at year end. The bond is secured against one of the borrower's plants: at the 2011 year end the plant had a value of $450,000. During 2012 the company's prospects improved and by the 2012 year end the bond was trading at $540,000 and the value of the security had increased to $500,000. The company has not elected to measure any assets at fair value. Which of the following is the amount that would be reflected in income in the 2012 year, due to the appreciation of the bond in 2012? $0 $80,000 $72,317 $73,317