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Required information [The following information applies to the questions displayed below.] On January 1, 2024, White Water issues $410,000 of 7% bonds, due in 10

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Required information [The following information applies to the questions displayed below.] On January 1, 2024, White Water issues $410,000 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 $440,499. Required: 1. Using an amortization schedule, show that the bonds have a carrying Yalue of $433,158 on December 31, 2026. (Round your final answers to the nearest whole dollar.)

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