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Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2021. THA's accountant has projected the following amortization schedule from issuance until maturity: Interest Expense
Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2021. THA's accountant has projected the following amortization schedule from issuance until maturity: Interest Expense Increase in Carrying Value Cash Paid Date 01/01/2021 06/30/2021 12/31/2021 06/30/2022 12/31/2022 06/30/2023 12/31/2023 $13,600 13,600 13,600 13,600 13,600 13,600 $16, 137 16,264 16,397 16,537 16,684 16,839 $2,537 2,664 2,797 2,937 3,084 3,239 Carrying Value $322,742 325,279 327,943 330, 740 333,677 336,761 340,000 THA issued the bonds for: Multiple Choice $340,000. $322,742
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