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Tyler Technologies, Inc. purchased as a long-term investment $80 million of 3% bonds, dated January 1, on January 1, 2021. Management has the positive inter!

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Tyler Technologies, Inc. purchased as a long-term investment $80 million of 3% bonds, dated January 1, on January 1, 2021. Management has the positive inter! and ability to hold the bonds until maturity. For bonds of similar risk and maturity the market yield was 10%. The price paid for the bonds was $66 million. Interest is received semiannually on June 30 and December 31. Due to changing market conditions, the fair value of the bonds at December 31, 2021, was $70 million Instructions: Answer each of the following questions by filling out the answer blanks below. There is one blank for each question. The answer for Question 1 goes in the first blank, for Question 2 in the second blank, and so on and so forth. En. ure that responses are in comma format and are rounded to the nearest dollar. For example: 1; 50; 1,000; 150,000; 1,000,000; etc. Do not include symbols (.e. $) or decimals. Failure to follow these instructions will result in answers being marked incorrect Question 1: At what amount is the investment in bonds recorded at purchase on 1/1/2021 (disregarding premiums and discounts, if any)? Question 2: What amount of interest revenue is recorded on 6/30/2021? Question 3: What amount of bond premium/discount is amortized when accounting for interest on 12/31/2021? Question 3: What amount of bond premium/discount is amortized when accounting for interest on 12/31/2021? Question 4: What is the remaining balance of the premium/discount on the bonds at 12/31/2021? Question 5: At what total amount will Tyler Technologies report its investment in the December 31, 2021, balance sheet? Question 6: Which section of the Statement of Cash Flows would be affected by the purchase of this investment? A/ AJ A/ AL hp

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