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23. On January 1 , 2006, Zebra Corporation issued 1,000 of its 8%, $1,000 bonds at 98. Interest is payable semiannually on January 1 and

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23. On January 1 , 2006, Zebra Corporation issued 1,000 of its 8%, $1,000 bonds at 98. Interest is payable semiannually on January 1 and July 1. The bonds mature on January 1, 2016. Zebra paid $50,000 in bond issue costs. Zebra uses the straight-line amortization method. What is the bond carrying value reported on the December 31, 2006, balance sheet? A) $982,000. B) $987,000. C) $1,045,000. D) $1,040,000

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