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the bonds at December 312024 , wos $1500 mition. Required: 1 How wa Tanner-UWFs inwestment in the bonds on Jubr 12024 attect the Sinancial stubetients?

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the bonds at December 312024 , wos $1500 mition. Required: 1 How wa Tanner-UWFs inwestment in the bonds on Jubr 12024 attect the Sinancial stubetients? 3. At what amsunt wal Tomer UNF teport its investment in the December 32,2024 , bolance veet? Compiete this quevtion by entering your enewers in the tabs belew: Requlred: 2 . How wis Tanher UNFs recteipt of irterest on December 32.024 , affect the finanod statements? Complete thils suevilen by entering yeur anwers is the tabs Belew. Tanner-UNF Corporation acquired as a long-term investment $180.0 million of 7.0% bonds, dated July 1, on July 1,2024 . Company management has the positive intent and ability to hold the bonds until maturity. Tanner.UNF paid $180.0 million for the bonds. The company will recelve interest semiannually on June 30 and December 31 . As a result of changing market conditions, the fair value of the bonds at December 31,2024 , was $160.0 million. Required: 1. How will Tanner-UNF's investment in the bonds on July 1, 2024 affect the financial statements? 2. How will Tanner-UNF's receipt of interest on December 31, 2024, affect the financial statements? 3. At what amount will Tanner-UNF report its investment in the December 31,2024 , balance sheet? 4. Suppose Moody's bond rating agency downgraded the risk rating of the bonds motivating Tanner-UNF to sell the investment on January 2, 2025, for $130.0 million. How will the sale of the bond investment affect Tanner. UNF's financial statements? Complete this question by entering your answers in the tabs below. At what amount will Tanner-UNF report its investment in the December 31, 2024, balance sheet? Note: Enter your answers in milions, (1.e, 10,000,000 should be entered as 10). the bonds a December 3t2024, was 51600 millon Aequired

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