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Seybert Systems accounts for its investment in Wang Engineering as available for sale. Seybert's balance in accumulated other comprehensive income with respect to the Wang

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Seybert Systems accounts for its investment in Wang Engineering as available for sale. Seybert's balance in accumulated other comprehensive income with respect to the Wang investment is a credit balance of $25,000, and Seybert reports the investment at $170,000 on its balance sheet. Seybert purchased the Wang Investment for (ignore taxes): Multiple Choice $145.000. 195,000. Cannot be determined from this information $170.000. On January 1, 2018, Legion Company sold $220,000 of 6% ten-year bonds. Interest is payable semiannually on June 30 and December 31. The bonds were sold for $165,166, priced to yield 10%. Legion records interest at the effective rate. Legion should report bond interest expense for the six months ended June 30, 2018, in the amount of: (Round your answer to the nearest dollar amount.) Multiple Choice O $26.400 O $11,000 O $8.258 .258 O $6,600

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