On January 1,2018, Moffett company issues bonds with a $600,000 face value at 98. the bonds has a 9% annual interest rate and a 10-year term. Interest is payable on December 31 of each year. what amount of interest expense will Moffett report on the 2020 income statement? what carrying value for bonds payable will Moffett report on the December 31, 2010 balance sheet? pa