Reed Corp. sells $300,000 of bonds to private investors. The bonds are due in five years, have a 6% coupon rate, and interest is paid semiannually. The bonds were sold to yield 4%. What proceeds does Reed receive from the investors? Select one: a. None of these are correct. b. $326,948 c. $274,409 d. $326,711 e. $274,726 The January 28 (fiscal year-end) financial statements of Collette Inc. reported the following information (in millions). If Collette had used the FIFO method of inventory costing, Year 2 inventory would have been: Select one: a. $879,023 million b. None of these are correct. c. $872,128 milion d. $885,164 million e. $760,278 million