Business, 04.12.2019 05:31, bayleeharris8p78txa

Company purchased $60,000 of stanton company’s 12% bonds at 100 plus accrued interest of $2,400. on june 30, pierce received its first semiannual interest. on february 1, pierce sold $50,000 of the bonds at 103 plus accrued interest. what are the total proceeds from the february 1 sale?
a. $52,000
b. $50,000
c. $52,400
d. $51,500

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Company purchased $60,000 of stanton company’s 12% bonds at 100 plus accrued interest of $2,400. on...