16e MEDIATE A 11:59 PM/ ning: 1904 min. BACK NEXT Question 1 Concord Corporation issued $6060000 of 10%, ten-year convertible bonds on July 1, 2017 at 96.1 pius accrued iterest. The bonds were dated April 1, 2017 with interest payable April 1 and October 1. Bond discount is amortized On April 1, 2018, $1420000 of these bonds were converted into 400 shares of $20 par value common stock. Accrued interest was paid in cash at the time of conversion. nnually on a straight-line basis. What should be the amount of the unamortized bond discount on April 1, 2018 relating to the bonds converted? (rounded to the nearest dollar) $27690. O $52980. D sss380. $51120. Open Show Work Click if you would like to Show Work for this question: By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Question Attempts: 0 of 1 used