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The balance in the Bonds Payable is a credit of $74,000. The balance in the Premium on Bonds Payable is a credit of $1600.

The balance in the Bonds Payable is a credit of $74,000. The balance in the Premium on Bonds Payable is a credit of $1600. What is the bond carrying amount? O $1600 O $75,600 O $74,000 O $72,400

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