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On January 1, 2023, Anthony Corporation issued $800,000 of 5%,5-year bonds at 99 , with interest paid annually. Using the straight - line amortization method,

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On January 1, 2023, Anthony Corporation issued $800,000 of 5%,5-year bonds at 99 , with interest paid annually. Using the straight - line amortization method, what is the carrying value of the bonds one year later on January 1 , 2024 ? (Round any intermediary calculations to two decimal places and your final answer to the nearest dollar.) A. $792,000 B. $793,600 C. $806,481 D. $800,000

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