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Hinton Company issued $550,000, 7%, ten-year bonds for 106, with interest paid annually. Assuming straight-line amortization, what is the carrying value of the bonds after

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Hinton Company issued $550,000, 7%, ten-year bonds for 106, with interest paid annually. Assuming straight-line amortization, what is the carrying value of the bonds after one year? O A. $581,350 OB. $583,000 OC. $579,700 O D. $586,300

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