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January 1, 2015 Lake Company received proceeds of $188,000 on 10-year, 6% bonds issued on The bonds had a face value of $200,000 and pay
January 1, 2015 Lake Company received proceeds of $188,000 on 10-year, 6% bonds issued on The bonds had a face value of $200,000 and pay interest annually on January 1. What is the amount of interest Lake must pay the bondholders on January 1, 2016? $11,200 $12,000 $13,200 $10,800 Question 22 4 pts Lake Company sold $200,000 bonds at 103. What is the carrying value of the bonds? $200,000 $6,000 194,000 $206,000
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