Question 39 The adjusted trial balance for Body Guard Corp. at the end of the current year, 2021, contained the following accounts. 5-year Bonds Payable 8% Bond Interest Payable Notes Payable (3 months) Notes Payable (5 year) Mortgage Payable ($30,000 due currently) Salaries and Wages Payable $3,200,000 10,000 80,000 330,000 400,000 72,000 The total non-current liabilities reported on the statement of financial position are A. $3,730,000. B. $3,700,000. C. $3,900,000. D. $3,930,000. Question 40 A company issues 20,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2020. Interest is paid on June 30 and December 31. The proceeds from the bonds are 19,604,145. Using effective-interest amortization, what will the carrying value of the bonds be on the December 31, 2020 statement of financial position? A. 20,000,000 B. 19,625,125 C. 19,608,310 D. 19,612,643