Use the Following Information to Answer the Question(s)below

question 26

Multiple Choice

Use the following information to answer the question(s) below.
Pascalian Company owns a 90% interest in Sapp Company.On January 1,2010,Pascalian had $300,000,6% bonds outstanding with an unamortized premium of $9,000.The bonds mature on December 31,2014.Sapp acquired one-third of Pascalian's bonds in the open market for $97,000 on January 1,2010.Both companies use straight-line amortization of bond discounts/premiums.Interest is paid on December 31.On December 31,2010,the books of the two affiliates held the following balances:

-The gain from the bond purchase that appeared on the December 31,2010 consolidated income statement was

• A)$4,320.
• B)$4,800.
• C)$5,400.
• D)$6,000.

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Definitions:

Extramarital Sex

Sexual activity between a married person and someone who is not their spouse, often considered infidelity.

Emotional Satisfaction

refers to a deep sense of contentment and fulfillment derived from experiences and relationships in one's life, impacting overall well-being and happiness.

Sexual Satisfaction

the state or feeling of fulfillment or pleasure achieved through sexual activities or relationship.

Sexuality

The capacity for sexual feelings, a person's sexual orientation or preference, and their sexual activities and relationships.