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Presented below is information related to Swifty Corporation: Common Stock, $1 par $3580000 549000 Paid-in Capital in Excess of Par-Common Stock Preferred 8 1/2% Stock,
Presented below is information related to Swifty Corporation: Common Stock, $1 par $3580000 549000 Paid-in Capital in Excess of Par-Common Stock Preferred 8 1/2% Stock, $50 par 2000000 388000 Paid-in Capital in Excess of Par-Preferred Stock Retained Earnings 1580000 Treasury Common Stock (at cost) 153000 The total stockholders' equity of Swifty Corporation is O $6517000. O $7944000. $6364000. O $8097000. At December 31, 2020 the following balances existed on the books of Oriole Company: Bonds Payable Discount on Bonds Payable Interest Payable $7030000 981000 175000 If the bonds are retired on January 1, 2021, at 103, what will Oriole report as a loss on redemption? 0 $948000 O $1191900 O $703000 $1366900
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