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Required Information. art 1 of 2 [The following information applies to the questions displayed below.) On January 1, 2024, White Water issues $600,000 of
Required Information. art 1 of 2 [The following information applies to the questions displayed below.) On January 1, 2024, White Water issues $600,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. The market interest rate on the issue date is 6% and the bonds issued at $644,632. $3 ints Skipped eBook He Required: 1. Using an amortization schedule, show that the bonds have a carrying value of $633,887 on December 31, 2026. (Round your final answers to nearest whole dollar.) Print References Data 01/01/2024 Cash Paid Interest Change In Expense Carrying Value Carrying Value 06/30/2024 12/31/2024 06/30/2025 12/31/2025 06/30/2026 12/31/2026
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