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Multiple Choice Question 184 Sandhill Co. received proceeds of $709500 on 10-year, 9% bonds issued on January 1, 2016. The bonds had a face value

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Multiple Choice Question 184 Sandhill Co. received proceeds of $709500 on 10-year, 9% bonds issued on January 1, 2016. The bonds had a face value of $752000, pay interest annually on December 31st, and have a call price of 103. Sandhill uses the straight-line method of amortization. What is the carrying value of the bonds on January 1, 2018? $713750 $718000 $743500 $752000

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