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$470,000 Jones Company has $500,000 of 10-year bonds payable outstanding. These bonds had a premium of $60,000 at issuance, which was 5 years ago. The

$470,000 Jones Company has $500,000 of 10-year bonds payable outstanding. These bonds had a premium of $60,000 at issuance, which was 5 years ago. The company uses the $560,000 straight-line amortization method. OOOO $530,000 The current carrying amount of these bonds is: $500,000 C I DON'T KNOW YET

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