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Hinton Company issued $350,000,5%, eight year bonds for 106, with interest paid annually. Assuming straight line amortization, what is the carrying value of the bonths

Hinton Company issued $350,000,5%, eight year bonds for 106, with interest paid annually. Assuming straight line amortization, what is the carrying value of the bonths after one year? O A. 5,369,688 O B. $373,625 OC. $371,000 OD. $368,375

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