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crane company received proceeds of $94000 on 10-year, 6% bonds issued on january 1, 2018. The bonds had a face value of $100000, pay interest
crane company received proceeds of $94000 on 10-year, 6% bonds issued on january 1, 2018. The bonds had a face value of $100000, pay interest annually on january 1, and have a call price of 101. Crane company uses the straight line method amortization.
What is the carrying value of the bonds on january 1, 2020?
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