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tion 1 wet ered Carly Corporation issued $200,000 of 30-year, 8% bonds at 106 on January 1, 2023. Interest is payable semiannually on June 30th

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tion 1 wet ered Carly Corporation issued $200,000 of 30-year, 8% bonds at 106 on January 1, 2023. Interest is payable semiannually on June 30th and December 31st. The straight-line method of amortization is to be used. After 11 years, what is the carrying value of the bonds? sout of og question Select one: O a. 5204,400 O b. 5202,200 O c. $207,600 O d. $209,800 O e. $210,600 sion 2 et ered During 2023, Gum Co. introduced a new product carrying a two-year assurance-type warranty against defects. Gum Co. uses the expense warranty approach. The estimated warranty costs related to dollar sales are 6%. Sales and actual warranty expenditures for the years ended December 31, 2023 and 2024 are as follows: s out of a question 2023 2024 Sales $150,000 250,000 $400.000 Actual Warranty Expenditures $2,250 7500 $9.750 What amount should Gum report as warranty expense on its 2024 income statement? Select one O a $2,250 O b. $ 7,500 O c. $6,750 O d. $14,250 O e. $15,000

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