purchashed $300,000 par value of milton’s company bonds at 97 plus accured interest. The bonds pay interest annually at 9%…

purchashed $300,000 par value of milton’s company bonds at 97 plus accured interest. The bonds pay interest annually at 9%…

purchashed $300,000 par value of milton’s company bonds at 97 plus accured interest. The bonds pay interest annually at 9% each december 31. Broker’s commission was 3,000.