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How much is the interest reported by the kovu company

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Question - On July 1 2010 Kovu company purchase 4000 of 1,000 face amount 8% bond of Oat Corp for 3,692,000 to yield 10% per annum. The bonds which mature on July 1, 2015, pay interest semi-annually on January 1 and July 1. Kovu Company classified the security as @ amortized cost. What is the Carrying Value at Dec 31 2012?

How much is the interest reported by the Kovu Company in its Statement of Comprehensive Income for the year 2012?

Reference no: EM133162291

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