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Chapter 9 Homework Saved Help Sa 5 Required information [The following information applies to the questions displayed below.) Part 1 of 2 On January 1,

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Chapter 9 Homework Saved Help Sa 5 Required information [The following information applies to the questions displayed below.) Part 1 of 2 On January 1, 2021, Splash City issues $490,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. The market interest rate on the issue date is 9% and the bonds issued at $450,092. 16.66 points Required: eBook 1. Using an amortization schedule, show that the bonds have a carrying value of $452,891 on December 31, 2022. (Round Interest expense to nearest whole dollar.) 101 Hint Date Cash Paid Interest Expense Increase in Carrying Value Carrying Value 01/01/2021 Print 06/30/2021 12/31/2021 Redene 06/30/2022 References 12/31/2022

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