I am GRATEFUL Co. issued 5,000 of its 9%, $1,000 face amount bonds at 101 1/2. I am GRATEFUL paid the following expenses in connection with the bond issuance: Promotion Costs Engraving and printing Underwriters' commissions a. $490,000 b. $500,000 $0 $540,000 $40,000 C. d. 50,000 What amount should the company record as a bond issuance costs to be amortized over the term of the bonds? 450,000

I am GRATEFUL Co. issued 5,000 of its 9%,$1,000 face amount bonds at 1011/2.1 am GRATEFUL paid the following expenses in connection with the bond issuance: What amount should the company record as a bond issuance costs to be amortized over the term of the bonds? a. $490,000 b. $500,000 c. $0 d. $540,000 I am GRATEFUL Co. issued 5,000 of its 9%,$1,000 face amount bonds at 1011/2.1 am GRATEFUL paid the following expenses in connection with the bond issuance: What amount should the company record as a bond issuance costs to be amortized over the term of the bonds? a. $490,000 b. $500,000 c. $0 d. $540,000