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17) The Technology Company issues $517,000 of 11%, 10-year bonds at 104 on March 31, 2018. The bonds pay interest on March 31 and September
17) The Technology Company issues $517,000 of 11%, 10-year bonds at 104 on March 31, 2018. The bonds pay interest on March 31 and September 30. Assume that the company uses the straight-line method for amortization. Calculate the net balance that will be reported for the bonds on the September 30, 2018 balance sheet. (Round your intermediate answers to the nearest dollar.) A) $517,000 B) $537,680 C) $536,646 D) $538,714
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