Use the following information in answering questions 45 and 46. Australian Owl Company owns an 80% interest in Glider Company. On January 1, 2006, Australian Owl had $600,000, 8% bonds outstanding with an unamortized premium of $9,000. The bonds mature on December 31, 2010. Glider acquired one-third of Australian Owl's bonds in the open market for $198.000 on January 1, 2006. On December 31, 2006, the books of the two affiliates held the following balances: Australian Owl's books 8% bonds payable Premium on bonds Interest expense $600.000 7,200 46,200 Glider's books Investment in Australian Owl bonds Interest income $198.400 16.400 45. The gain from the bond purchase that appeared on the December 31, 2006 consolidated income statement was a. $ 0. b. $4,400 c. $4.800 d. $5,000 46. Consolidated Interest Expense and consolidated Interest Income, respectively, that appeared on the consolidated income statement for the year ended December 31, 2006 was a. $30,800 and $ 0. b. $30,800 and $16,400. c. $46,200 and $ 0. d. $46,200 and $16,400