Current Attempt in Progress At the end of 2025, Crane Company purchased 6000, $1000, 8% bonds. The carrying value of the bonds at December 31, 2025 was $5875500. The bonds mature on March 1, 2030, and pay interest on March 1 and September 1. Crane sells 3000 bonds on September 1,2026, for $3001500, after the interest has been received. Crane uses straight-line amortization. The gain on the sale is O $73710. O $63750 $53790 $0.
Current Attempt in Progress At the end of 2025, Crane Company purchased 6000, $1000, 8% bonds. The carrying value of the bonds at December 31, 2025 was $5875500. The bonds mature on March 1, 2030, and pay interest on March 1 and September 1. Crane sells 3000 bonds on September 1,2026, for $3001500, after the interest has been received. Crane uses straight-line amortization. The gain on the sale is O $73710. O $63750 $53790 $0.
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Current Attempt in Progress
At the end of 2025, Crane Company purchased 6000, $1000, 8% bonds. The carrying value of the bonds at December 31, 2025 was
$5875500. The bonds mature on March 1, 2030, and pay interest on March 1 and September 1, Crane sells 3000 bonds on September
1,2026, for $3001500, after the interest has been received. Crane uses straight-line amortization. The gain on the sale is
O $73710.
O$63750
$53790
-/2.5
O $0.
4
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