c

Review the video to help you answer the following question. On January 1, Year 1, assume Smart Touch Learning issued 10-year, $120,000 bonds at 104 % with an interest rate of 6% paid semi-annually. Using the straight-line amortiz first interest payment on June 30, Year 17 O $125,040 $124,800 $120,240 $124,560 interest rate of 6% paid semi-annually. Using the straight-line amortization method, what is the carrying value of the bonds payable after the