On January 1, 2019, Anthony Corporation issued $1,100,000 of 6%, 5-year bonds at 98, with interest paid annually. Using the straight-line amortization method, what is the carrying value of the bonds one year later on January 1, 2020? (Round any intermediary calculations to two decimal places and your final answer to the nearest dollar) O A $1,118,049 OB. $1,082,400 OC. $1,001,200 OD. $1,078,000 Text Place, Inc., reported sales revenue of $450,000, net income of $45,000, and average total assets of $300,000. Text Place's return on assets is O A. 15.0% OB. 1.5% OC. 66.7% OD. 10.0% On January 2, 2019, Komis Corporation acquired equipment for $300,000. The estimated life of the equipment is 5 years or 100,000 hours. The estimated residual value is $30,000. What is the balance in Accumulated Depreciation on December 31, 2010, If Kornis Corporation uses the double-declining balance method of depreciation? O A $100,000 OB. $60,000 OC. $120,000 OD. $54,000 Question Help France Company sold office furniture for $3,000 cash. The furniture cost $50,000 and had accumulated depreciation through the date of sale totaling $29,000. The company will recognize O A a loss of $21,000. O B. a loss of $18,000 OC. a gain of $21,000 OD. again of $18,000