In a perpetual inventory system, the flow of inventory cost is A) only through the statement of financial position and not the income statement. B) only through the income statement and not the statement of financial position. C) first through the income statement, then through the statement of financial position. D) first through the statement of financial position, then through the income statement. If bonds are issued at a premium, the stated interest rate is A) higher than the market rate of interest. B) lower than the market rate of interest. C) too low to attract investors. D) adjusted to a higher rate of interest