Multiple Choice Question 87 At December 31, 2017 the following balances existed on the books of Bramble Corp.: Bonds Payable $5980000 Discount on Bonds Payable 847000 Interest Payable 150000 If the bonds are retired on January 1, 2018, at 102, what will Bramble report as a loss on redemption? $1116600 $816600 $966600 $598000

Multiple Choice Question 87 At December 31, 2017 the following balances existed on the books of Bramble Corp.: $5980000 Bonds Payable Discount on Bonds Payable Interest Payable 847000 150000 If the bonds are retired on January 1, 2018, at 102, what will Bramble report as a loss on redemption? $1116600 $816600 $966600 $598000