Sheridan Company purchased $1516000 of 10% bonds of Sunland Company on January 1, 2025, paying $1425419. The bonds mature on January 1, 2031; interest is payable each July 1 and January 1. The discount of $90581 provides an effective yield of 11%. Sheridan uses the effective-interest method and plans to hold these bonds to maturity. On July 1, 2025, Sheridan should increase its Debt Investments account for the Sunland Company bonds by

Select answer from the options below

$2598.

$9060.

$5200.

$4530.