At the beginning of his current tax year, eric bought a corporate bond with a maturity value of $33,000 from the secondary market for $26,700. the bond has a stated annual interest rate of 6 percent payable on june 30 and december 31, and it matures in five years on december 31. absent any special tax elections, how much interest income will eric report from the bond this year and in the year the bond matures?

Advanced enterprises reports year-end information from 2018 as follows: sales (160,250 units) $968,000 cost of goods sold 641,000 gross margin 327,000 operating expenses 263,000 operating income $64,000 advanced is developing the 2019 budget. in 2019 the company would like to increase selling prices by 14.5%, and as a result expects a decrease in sales volume of 9%. all other operating expenses are expected to remain constant. assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost. should advanced increase the selling price in 2019?