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The questions will be to determine (1) the carrying value at 01/1/21; (2) the interest payment made on 12/31/21:(3) Interest Expense for the fiscal year

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The questions will be to determine (1) the carrying value at 01/1/21; (2) the interest payment made on 12/31/21:(3) Interest Expense for the fiscal year ending 12/31/21: (4) the carrying value at 12/31/21; and (5) the carrying value at maturity Green Inc. issued $715,000 of 6% bonds on January 1, 2021. for $677.512. The bonds pay interest semi-annually on June 30 and December 31, and mature in 3 years. The bonds were sold to yield an effective interest rate of 8%. The firm uses the effective interest method for amortizing discounts and premiums, and has a December 31 fiscal year-end

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