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On January 1, 2019, Brewers Corporation issued $600,000 of 5%, 5-year bonds at 95, with interest paid annually. Using the straight-line amortization method, what is
On January 1, 2019, Brewers Corporation issued $600,000 of 5%, 5-year bonds at 95, with interest paid annually. Using the straight-line amortization method, what is the carrying value of the bonds on January 1, 2019? (Round your final answer to the nearest dollar.) O A. $631,579 O B. $576,000 OC. $570,000 OD. $630,000
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