Parent Company issued 10-year, 15% bonds with a par value of $500,000 on January 1, 2020 for $470,000. Interest is paid semiannually on June 30 and December 31. On December 31, 2021, $400,000 of the par value bonds were purchased by Sub Company for $410,000. Sub Company is an 80% subsidiary of the Parent Company. Both companies use straight-line method to amortized bond premiums and discounts. The total amount of constructive loss is 30000 Correct The total amount of constructive loss allocated to the Parent Company is 800 Incorrect The total amount of constructive loss allocated to the Sub Company is