Current Attempt in Progress On January 1, 2020, Ayayai Company purchased 10% bonds having a maturity value of $380,000, for $410,243.22. The bonds provid
the bondholders with a 8% yield. They are dated January 1, 2020, and mature January 1, 2025, with interest received on January 1 of
each year, Pyayai Company uses the effective-nterest method to allocate unamortized discount or presiues. The bonds are dassified
in the held-to-maturity category
(a)