D Question 52 Jones Corporation issues $400,000, 10%, Jive-year bonds at 103 The total interest expense over the life of the bonds is: O $188,000 o $212,000 O $200,000 $40,000 1.33 pts Question 53 333 Lehigh Corporation kisued $300,000 of 8 percent, 30-year bonds at 106 on January 1, Year 1 Straight-line amortization is used. At December 31, Year 2, what is the carrying value of the bonds? O $301.200 $318,000 O $316.800 O $283.200 Question 54 Land is acquired by hsuing 500 shares of $20 par common stock The land has a curent market value of $12.000. The jounsal entry requires a O Debit to land for $10.000 o Crodt to coeenon stock for $12.000 O Credit to contributed capital in excess of par-common for $12.000 o Credit to contributed capital in ocess of par-coenvn for $2,000 3.33 pts