10-4 Comparing Bonds Issued at Par, Discount, and Premium kes Corporation, whose annual accounting period ends on December 31, issued the following LO 10 bonds: Date of bonds: January 1, 2015 Maturity amount and date: $200,000 due in 10 years (December 31, 2024) Interest: 10 percent per year payable each December 31 Date issued: January 1, 2015 Required: 1. Foreach of the three independent cases hat fl prov te amounts to be reported on the January 1, 2015, financial statements immediately after the bonds are issued: Case A issued at 100) Case C at 102) Case B at 96) a. Bonds payable b. Unamortized premium (or discount) c Carrying value TIP: See Exhibit 10.5 for an illustration distinguishing Bonds Payable from their carrying value Assume that a retired person has written to you (an investment adviser) asking, "Why should I buy a bond at a premium when I can find one at a discount? Isn't that stupid? It's like paying 2. list price for a car instead of negotiating a discount." Write a brief message in response to the ts