Question 9 1 pts On July 1, Fox Co. received $413,152 for 4-year, $400,000 face amount, 12% bonds, a price that yields 10%. Fox uses the GAAP-preferred method to amortize any bond premium or discount. Interest expense for the 6 months ended December 31 should be: $22,356 O $24,000 O $20,658 $24.789 Question 10 1 pts On July 31, Year 3, Fox Co. issued $1,000,000 of 10%, 15-year bonds at par and (as a typical risk- management strategy to Fox Co.) used a portion of the proceeds to call its 600 outstanding 11%, aaa On July 31, Year 3, Fox Co. issued $1,000,000 of 10%, 15-year bonds at par and (as a typical risk- management strategy to Fox Co.) used a portion of the proceeds to call its 600 outstanding 11%, $1,000 face value bonds, due on July 31, Year 13, at 102. On that date, unamortized bond premium relating to the 11% bonds was $65,000. In its Year 3 income statement, what amount should Fox report as gain or (loss) from retirement of bonds? SO O ($77,000) O (565,000) O $53,000