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@ Question 22 3 pts Grossman, Inc. has 10 year bonds with a face amount of $400,000 and a carrying value of $420,345 as of

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@ Question 22 3 pts Grossman, Inc. has 10 year bonds with a face amount of $400,000 and a carrying value of $420,345 as of 12/31/19. On June 30th, 2020, they pay their bondholders $12.000 and recognize $10.509 in interest expense. Please provide the June 30, 2020 Carrying value after the interest payment. $42133 5418.54 $408.345 $400,000 D Question 23 3 pts Carrier Corp. has a note payable to GMACC Financing with a principal balance of $100,000,000 $15.000.000 is due within 1 year of its 12/31/20 batance sheet. Which of the following will Carrier Corp, report on its 12/31/20 balance sheet for the loan with GMACC Financing O $15,000,000 current liability, $100.000.000 long term liability O $100,000,000 currently liability $100,000,000 long-term ability $15.000.000 current liability. 585.000.000 long-term ability Question 24 3 pts Stevens Corp purchases a tow truck for its fleet on January 1, 2020 for $100.000. Stevens estimates a residual value of $10,000 for this truck and an 5-year useful life. How much will the 12/31/20 book value be for this tow truck assuming Stevens uses straight-line depreciation for it? $72.000 580.000 $18.000 $82.000 3 pts D Question 25 According to the rules of US GAAP.research and development costs should be? Capitalized and amortized in future periods Expensed in the period incurred Capitalized if successful expensed it unsuccessful Expensed entirely if successful

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