On October 1,2025, Sheridan Company purchased to hold to maturity, 4500,$1000,9% bonds for $4410000 which...

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Accounting

On October 1,2025, Sheridan Company purchased to hold to maturity, 4500,$1000,9% bonds for $4410000 which includes $65000 accrued interest. The bonds, which mature on February 1,2030, pay interest semiannually on February 1 and August 1. Sheridan uses the straight-line method of amortization. The bonds should be reported in the December 31,2025 balance sheet at a carrying value of
$4353942.
$4345000.
$4440713.
$4410000.
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