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Krause Company issued $350,000,10%, fifteen-year bonds for 115 , with interest paid annually. Assuming straight-line amortization, what is the carrying value of the bonds after

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Krause Company issued $350,000,10%, fifteen-year bonds for 115 , with interest paid annually. Assuming straight-line amortization, what is the carrying value of the bonds after one year A. $399,000 B. $405,000 C. $402,500 D. $400,750

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