QUESTION 9 Garland Company received proceeds of $490,000 on 10 year, 8% bonds issued on January 1, 2018. The bonds had a face value of $500.000, pay interest annually on January 1, and have a call price of 101. Garland uses the straight line method of amortization Calculate the annual amortization amount of the discount (Round answer to the nearest dollar) QUESTION 10 Dolan Company's accounting records reflect the following inventories: Raw materials inventory Work in process inventory Finished goods inventory Dec 31, 2020 $332,000 300,000 173,000 Dec 31, 2019 $265.000 150,000 109.000 During 2020. $734,000 of raw materials were purchased, direct labor costs amounted to $612,000, manufacturing overhead incurred was $624,000, and costs of goods manufactured was $1,110,000 Calculate cost of goods sold for 2020