On January 1, 2019, Camerone Corporation issued $2,000,000 of 12-year, 10% bonds at an effective interest rate of 8%. The bonds make a cash interest payment each year on December 31. What is the carrying value of the bonds (i.e., the remaining bond liability) on December 31, 2024 (after 6 years have passed)?

a. $1,825,789.57

b. $2,000,000.00

c. $2,184,915.19

d. $2,132,485.07

Joyner Co. began the year with $600,000 in assets and $350,000 in liabilities. During the year, Joyner recorded $60,000 in sales, $20,000 in expenses, and did not pay any dividends. If the company had a $200,000 increase in total assets and no change in liabilities, what was the amount of common stock that was issued during the year?

Select one:

a. $200,000

b. $240,000

c. $160,000

d. None of the answer choices