On November 1,2009,WC Purchased CX,10-Year,7%,bonds with a Face Value of $100,000

question 24

Multiple Choice

On November 1,2009,WC purchased CX,10-year,7%,bonds with a face value of $100,000 for $96,000.The bonds are intended to be held to maturity.An additional $2,333 was paid for the accrued interest.Interest is payable semi-annually on January 1 and July 1.The bonds mature on July 1,2016.WC uses the straight-line method of amortization.Ignoring income taxes,the amount of interest revenue reported in WC's 2019 income statement (year-end December 31) as a result of WC's long-term bond investment in CX was:

• A) $1,267
• B) $1,167
• C) $1,120
• D) $1,067

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Definitions:

Positive Activities

Positive activities are actions or pursuits that encourage well-being, happiness, and a positive mood, often involving engagement with enjoyable or fulfilling tasks.

Journal Writing

The process of recording personal thoughts, experiences, and reflections regularly in a diary or journal.

Feedback

Information provided about the results of a process or activity, used as a basis for improvement or adjustment.

Behavioral Activation Therapy

A therapeutic approach that aims to treat depression by engaging the patient in positive activities to improve mood and decrease depressive symptoms.