Annual accounting caused by an asset retirement obligation (ARO) will normally include: Select one O a. Revaluing the liability to the actual expected cost using an expected value technique. Ob Revaluing the liability equal to the sum of the net undiscounted future cash flows associated with the ARO O c. Increasing the carrying amount of the related long lived asset d. Increasing the liability for the ARO to reflect the interest expense On December 1, 2026, Mason Corp. sold $800,000 of its ten-year, 8% term bonds dated November 1, 2026. The bonds were sold to yield 10%, with total proceeds of $700,000 plus accrued interest. Interest is paid every May 1 and November 1. What amount should Mason report for interest payable in its December 31, 2026 balance sheet? con Select one: O a. $5,333 b. $16,000 Oc. $10,667 ed. $20,000 Clear my choice For the issuer of a ten-year bond, the amount of interest expense using the effective interest method would change each year if the bond were sold at: Select one: O a. A discount or a premium on b. A discount, but not a premium c. A premium, but not a discount O d. Neither a discount nor a premium Puppy Company includes one coupon in each bag of dog food it sells. In return for 5 coupons, customers receive a toy dog that the company purchases for $1 each. Puppy Company's expenence indicates that 60% of the coupons will be redeemed, Information for 2019 is as follows: Bags of Dog Food Sold Toys Purchased Coupons Redeemed 2019 250.000 12,000 40.000 The amount of estimated liability for premiums on the 12/31/19 balance sheet is: Select one: O a. 56.000 O b. $18.000 O c. $22.000 d. $35.000 e $48,000