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sold for $3,124,740 at an effective interest rate of 7% . Using the effectiveinterest method, Wasel decreased the Available-for-Sale Debt Securities account for the PADICO
sold for
$3,124,740
at an effective interest rate of
7%
. Using the effectiveinterest method, Wasel decreased the Available-for-Sale Debt Securities account for the PADICO Inc. bonds on July 1, 2023 and December 31, 2023 by the amortized premiums of
$10,620
and
$10,980
, respectively. At December 31,2023 , the fair value of the PADICO Inc. bonds was
$3,180,000
. What should Wasel Inc. report as other comprehensive income as a separate component of stockholders' equity?
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