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Sandhill Marine issued $ 2 2 0 0 0 0 0 of 5 % , 5 - year bonds at 9 7 , which pay

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Sandhill Marine issued $2200000 of 5%,5-year bonds at 97, which pay interest annually. Assuming straight-line amortization, what is the carrying value of the bonds after one year?
$2140600
$2160400
$2134000
$2147200
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