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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 $290,000 face value,

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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 $290,000 face value, a stated rate of interest of 10.00%, 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 8.00%. Interest is paid annually on December 31. Assuming Weller issued the bonds for $313,040, what is the carrying value of the bonds on the December 31, Year 3? (Round your calculations and final answer to the nearest whole dollar amount.) Multiple Choice O $300,195 O 309,083 Assuming Weller issued the bonds for $313,040, what is the carrying value of the bonds on the December 31, Year 3? (Round your in calculations and final answer to the nearest whole dollar amount.) Multiple Choice 395 s309,083 soo so $319,000

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