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11&12 please Question 11 2 pts Use the following information to answer the next two questions (Questions 11 and 12). On January 1, 2020, Jacobs

11&12 please image text in transcribed
Question 11 2 pts Use the following information to answer the next two questions (Questions 11 and 12). On January 1, 2020, Jacobs Company issued a $100,000 face value bond that sold for 110. The bond had a five-year term and a stated annual interest rate of 5%. The straight-line method of amortization is used 11. The carrying value of the bond liability on January 1, 2020, would be O $100,000 O $ 90,000 $108,000. O $110,000 - Question 12 2 pts Based on the information provided in Question 11, the amount of interest expense reported on the company's 2021 income statement would be $5,000 $3,300 O $2.000 $3.000

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