Questions Not yet red Use of the effective interest method in amortizing premiums and discounts on bond investments results in a Point out of 2.00 question Select one: O a greater amount of interest income over the life of the bond than would result from use of the straight line method. Ob a varying amount being recorded as interest income from period to period. O ca constant rate of return on the book value of the investment O d. a smaller amount of interest income over the life of the bond than would result from use of the straight-line method. Riedy purchased on 1/1/20) $1,000,000 of HTM, 8% bonds for $904,000. The bonds mature on January 1, 2029 Svaight-line amortization is used. The 12/31/21 bond carrying values Que 6 Not you www Point of 200 Phon Select one: a. 5910,400 3916,000 $916,000 Od 1950.400 $897,600 Brentwood Company purchased $400,000 bonds at 102. Accrued interest for three months was $10.000, and brokerage fees were $6.000. The total cash paid upon purchase of this long-term investment in bonds Dw7 Not yet wed Point out of 200 Select one: O a. 5424.000 Tagen O b. $414,000 O c. $400.000 O d. 5400,000 O $406,000