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1 www .com /e/o i wyc = BONDS, RIVESTMENTS AND CASH FLOW Computing the carrying value of bonds D o Everardo On May 1, 2018,

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1 www .com /e/o i wyc = BONDS, RIVESTMENTS AND CASH FLOW Computing the carrying value of bonds D o Everardo On May 1, 2018, Jenkins Company issued $2,178,000 of 20-year, 11% bonds at 88. The bonds were dated May 1, 2018, and pay interest on May 1 and November 1. Jenkins Company uses the straight-line method to amortize the discount or premium. Required: Assuming that the entry to amortize the discount or premium to date has been made, what is the carrying value of the bonds on December 31, 2021? Carrying

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