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Carla Vista Co. received proceeds of $958000 on 10-year, 6% bonds issued on January 1, 2019. The bonds had a face value of $1016000, pay

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Carla Vista Co. received proceeds of $958000 on 10-year, 6% bonds issued on January 1, 2019. The bonds had a face value of $1016000, pay interest annually on December 31, and have a call price of 104. Carla Vista uses the straight-line method of amortization. What is the carrying value of the bonds on January 1, 2021? $1004400 $963800 $1016000 $969600

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