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On November 1, 2020, Robert L. Carroll Paleontology Museum Inc. issued $144,000,000 in 13% bonds, with interest payable on April 30 and October 31 each
On November 1, 2020, Robert L. Carroll Paleontology Museum Inc. issued $144,000,000 in 13% bonds, with interest payable on April 30 and October 31 each year. The bonds were issued at a price of 106.69 and had a maturity date of April 30, 2040. The interest expense for the first payment on April 30 is $9.294.833. The company's fiscal year end is October 31. Determine the carrying amount these bonds would be reported at on the company's statement of financial position at October 31, 2021. (Round answers to decimal places, e.g. 125.) Bonds Payable $
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