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based on all of the information above what is the carrying value (ammortized cost) of the bond that ever joy company would report on october

based on all of the information above what is the carrying value (ammortized cost) of the bond that ever joy company would report on october 1, 2020 image text in transcribed
On April 1. 2020 Evergoy Company purchased $60000 of Mellier Corpotation's 8\% thond of to purthate price of tos thr the time of purchase the market rate of interest was 6\%. Everjoy Company, whose year end is December 31, expects to hold the bonds until their maturity date 5 years from the date of purchase. Interest on the bonds will be paid every April 1 and October 1 until maturity. What is the carrying valie (amortized cost) of the bond that Everjoy Company would report on October 1. 2020

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