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QUESTION 11 (14 points) On January 1, 2018, XYZ Inc., issued $30,000 in bonds for $25,000. These are 8-year bonds with a stated interest rate

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QUESTION 11 (14 points) On January 1, 2018, XYZ Inc., issued $30,000 in bonds for $25,000. These are 8-year bonds with a stated interest rate of 12% and pay semiannual interest. XYZ uses the straight-line method to amortize the bond discount. What is the bond carrying amount after the first interest payment on June 30, 2018? Arini 03 (12pt) # THE

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