PA10-4 (Algo) Comparing Bonds Issued at Par, Discount, and Premium [LO 10-3] Net Work Corporation, whose annual accounting period ends on December 31, issued the following bonds: Date of bonds: January 1, 2021 Maturity amount and date: $430,000 due in 10 years (December 31, 2030) Interest: 10.5 percent per year payable each December 31 Date issued: January 1, 2021 Required: For each of the three independent cases that follow, provide the amounts to be reported on the January 1, 2021, financial statements immediately after the bonds were issued: (Deductions should be indicated by a minus sign.)

Required:

For each of the three independent cases that follow, provide the amounts to be reported on the January 1, 2021, financial statements immediately after the bonds were issued: (Deductions should be indicated by a minus sign.)

January 1, 2021Financial Statements:	Case A (At 100)	Case B (at 97)	Case C (at 103)
a. Bonds payable	$430,000	$430,000	$430,000
b. Unamortized premium (discount)	0
c. Carrying value