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Bonds with a stated interest rate of 8% and a face value totaling $225,000 were issued for $231750 on January 1, 2018, when th market

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Bonds with a stated interest rate of 8% and a face value totaling $225,000 were issued for $231750 on January 1, 2018, when th market interest rate was 7%. The company uses effective-interest bond amortization. Required: Determine the carrying value of the bonds at December 31, 2019. (Round your answer to nearest whole dollar.) Carrying Value

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