TB MC Qu. 10-118 On January 1, a company issued... On January t a company issued and sold a $360,000,4%, 10 year bond payable, and received proceeds of $350,000. Interest is payable each June 30 and December 31. The company uses the straight-line method to amortize the discount. The carrying value of the bonds immediately after the first interest payment is Me Choice $359500 $349 500 $360,500 $350,500 $360,000