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Prescott Corporation issued ten thousand $1,000 bonds on January 1, 2011. They have a ten-year term and pay interest semiannually. This is the partial bond

Prescott Corporation issued ten thousand $1,000 bonds on January 1, 2011. They have a ten-year term and pay interest semiannually. This is the partial bond amortization schedule for the bonds.

What is the carrying value of the bonds as of December 31, 2012?

A. $11,432,379

B. $11,316,611

C. $11,375,350

D. $11,256,109

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