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Riedy purchased (on 7/1/15) $1,000,000 of HTM, 8%, bonds for $904,000. The bonds mature on January 1, 2023; Straight-line amortization is used. The 12/31/15 bond

Riedy purchased (on 7/1/15) $1,000,000 of HTM, 8%, bonds for $904,000. The bonds mature on January 1, 2023; Straight-line amortization is used. The 12/31/15 bond carrying value is:

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