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i really need help with this question! Question 6 (4 points) Bronco High School issues $10 million in bonds on January 1, 2021, that pay
i really need help with this question!
Question 6 (4 points) Bronco High School issues $10 million in bonds on January 1, 2021, that pay interest semi-annually on June 30 and December 31. A portion of the bond amortization schedule appears below: Increase in Carrying Date Cash Paid Interest Expense Value Carrying Value 01/01/2021 8,800,000 06/30/2021 $ 400,000 $ 440,000 $ 40,000 8,840,000 12/31/2021 400,000 442,000 42,000 8,882,000 $ A discount Face amount Cannot be determined from the given information A premium Step by Step Solution
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