John purchased State of Oklahoma general-purpose bonds at a cost of $3,400 in 2014.He receives $210 interest on the bonds in 2014,2015,and 2016.In 2016,he sells the bonds for $3,800.How much income does John recognize in each of the following years?

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The Answer of John purchased State of Oklahoma general-purpose bonds at a cost of $3,400 in 2014.He receives $210 interest on the bonds in 2014,2015,and 2016.In 2016,he sells the bonds for $3,800.How much income does John recognize in each of the following years?

John Purchased State of Oklahoma General-Purpose Bonds at a Cost