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  3. below is a 6-year bond issued on 1/1/2017 by rose

Below is a 6-year bond issued on 1/1/2017 by Rose Company. Interest is recorded annually...

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Accounting

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Below is a 6-year bond issued on 1/1/2017 by Rose Company. Interest is recorded annually at the end of each year on 12/31. How much is the Rose Company's income statement impacted from the bond for the year 2018? (Only include the amount in your answer, no + or - signs, Round your final answer to the nearest dollar.) Issue price: $190,467 Face value: $200,000 Coupon rate: 6% Market rate: 7%

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