Tracy invested in the following stocks and bonds during 2013.
To finance the investments,she borrowed $100,000 from Swan Bank.Interest expense paid on the loan during 2013 was $5,000.During 2013,Tracy received $1,250 of dividend income from Blue,Inc.and $3,000 of interest income on the municipal bonds.

Question

Tracy invested in the following stocks and bonds during 2013.
  To finance the investments,she borrowed $100,000 from Swan Bank.Interest expense paid on the loan during 2013 was $5,000.During 2013,Tracy received $1,250 of dividend income from Blue,Inc.and $3,000 of interest income on the municipal bonds.

Quizplus · Accepted Answer

The Answer of Tracy invested in the following stocks and bonds during 2013.
  To finance the investments,she borrowed $100,000 from Swan Bank.Interest expense paid on the loan during 2013 was $5,000.During 2013,Tracy received $1,250 of dividend income from Blue,Inc.and $3,000 of interest income on the municipal bonds.

Tracy Invested in the Following Stocks and Bonds During 2013