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A company has $800,000 in bonds payable with an unamortized premium of $20,000. If one-fourth of the bonds are converted to common stock, the carrying

A company has $800,000 in bonds payable with an unamortized premium of $20,000. If one-fourth of the bonds are converted to common stock, the carrying value of the bonds will decrease by [A] $200,000. [B] $195,000. [C] $220,000. [D] $205,000 please show me details ...Thanks

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