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Quemon 31 Not yet Points out of 3 On January 1, Year 1, Martin Corporation issued $800,000 of 6%, 5-year bonds for $784,000, with
Quemon 31 Not yet Points out of 3 On January 1, Year 1, Martin Corporation issued $800,000 of 6%, 5-year bonds for $784,000, with interest paid annually on December 31. Using the straight-line amortization method, what is the carrying value of the bonds on January 1, Year 47 (5 points) Select one O a $784,000 Ob. $793,600 Oc $787,200 Od $790,400 Oe None of these choices
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