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! Required information The following information applies to the questions displayed below.) On January 1, Year 1. Weller Company issued bonds with a $250,000 face

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! Required information The following information applies to the questions displayed below.) On January 1, Year 1. Weller Company issued bonds with a $250,000 face value, a stated rate of interest of 9.50%, and a 10 year term to maturity. Weller uses the effective interest method to amortize bond discounts and premiums. The market rate of interest on the date of Issuance was 7.50%. Interest is paid annually on December 31. Assuming Weller issued the bonds for $268,590, what is the carrying value of the bonds on the December 31, Year 3? (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Multiple Choice $273.750 $264,984 $256,941 $261108 Assuming Weller issued the bond for $268.590, what is the amount of interest expense that will be recognized during Year 3? (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Multiple Choice O $20,144 $19,583 $23.750 $27917 To determine the appropriate discount factor(s) using tables, click here to view Tables FV1. PV1. EVA1, or PVA1 in the appendix. Alternatively, if you calculate the discount factor(s) using a formula, round to six (6) decimal places before using the factor in the problem. (Round your answers to the nearest whole dollar amount.) Required a. The future value of $22,000 invested at 5 percent for 10 years. Future value b. The future value of eight annual payments of $1.250 at 7 percent interest Future value c. The amount that must be deposited today (present value) at 6 percent to accumulate $53.000 in five years. Present value d. The annual payment on a 9-year, 4 percent, $31,000 note payable. Annual payment

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