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Sunland Company received proceeds of $664000 on 10-year, 6% bonds issued on January 1, 2016. The bonds had a face value of $704000, pay interest

Sunland Company received proceeds of $664000 on 10-year, 6% bonds issued on January 1, 2016. The bonds had a face value of $704000, pay interest annually on December 31st, and have a call price of 102. Sunland uses the straight-line method of amortization. What is the carrying value of the bonds on January 1, 2018?

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