Entity E's balance sheet reveals that it has bonde payable moturing in five years with a balance of $2.000,000. The ditcount on bonds payable account also has a bolance of $200.000. What is the carrying value of the bonde? $2.200,000$2,000,000$1,800,000$2,400,000 Ipoints Doprociation and amortization are procestes for cash accumulation for replacement of an asset. alecating the cost of an asset over time. determining what an asset is worth on the open market. recording price level fluctuation. 12 Jpolnts Eintly 8 started the year with total assets of $120.000 and total labileies of $37,000. During the year the business reconded $58,000 in reverues, 520.000 in expenses, and dividends of $5,000. Stockholders' equity at the end of the year wab $121.000 $83,000. $116.000 $126,000 13 3points The declaration of a cash dividend to be paid at a future date decreases llabilities. decreases assets decreases stockholders' equity reduces net income