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Logan Park Fitness Gym has $900,000 of 10-year bonds payable outstanding. These bonds had a discount of $72,000 at issuance, which was 5 years ago.

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Logan Park Fitness Gym has $900,000 of 10-year bonds payable outstanding. These bonds had a discount of $72,000 at issuance, which was 5 years ago. The company uses the straight-line amortization method. The current carrying amount of these bonds payable is A. $900,000. B. $936,000. C. $828,000. D. $864,000

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