The ABC Company bond has a face value of $20,000, a life of 10 years and a coupon payment of 1,600. If similar bonds have an interest rate of 7%, calculate the market price of The ABC bond. Is it selling for a premium, a discount or par?

Assume Major Link purchased the equipment on August 1, 2016. If Major Link uses the straight-line method for depreciation, what is the depreciation expense for the year ended December 31, 2016? a. $1,875 b. $1,500 C. $2,083 d. $4,500 Assume Major Link purchased the equipment on January 1, 2016. If Major Link uses the straight-line method for depreciation, what is the asset's carrying amount at the end of 2017? a. $13,500 b. $15,000 c. $18,625 d. $16.000