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On January 12018 issued 1100 of its 9% 51,000 bonds 98.3. Interest is payable semiannually on January July The bonds mature on January 1 2028
On January 12018 issued 1100 of its 9% 51,000 bonds 98.3. Interest is payable semiannually on January July The bonds mature on January 1 2028 Solo paid $53,000 in bond issue costs. Solo uses straight-line amortization . What is the carrying value of the bonds reported in the December 31, 2018, balance sheet ?
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