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  3. sunbucks owns the following debt security: kbm com

Sunbucks owns the following debt security: KBM Company 6 year bond: (AFS security) . Amortized...

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Accounting

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Sunbucks owns the following debt security: KBM Company 6 year bond: (AFS security) . Amortized Cost on 12/31/YR 1: $3,450 Fair value on 12/31/YR 1: $3,900 Amortized Cost on 12/31/YR 2: $3,555 Fair value on 12/31/YR 2: $4,189 Total interest revenue earned during Year 2: $202 Total interest cash received during Year 2: 5184 Assess all the transactions related to this investment for Year 2. What is the total impact to Sunbucks net income for Year 2 for this bond? If net income increases, just put the number. If it decreases, but a-sign in front of your number

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