Mathematics, 23.08.2021 21:00 AlexBeWare1210

Sunland Company received proceeds of $837500 on 10-year, 8% bonds issued on January 1, 2019. The bonds had a face value of $790000, pay interest annually on December 31, and have a call price of 108. Sunland uses the straight-line method of amortization. What is the carrying value of the bonds on December 31, 2021?

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Sunland Company received proceeds of $837500 on 10-year, 8% bonds issued on January 1, 2019. The bon...

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