Wildhorse Pet Supply Company issued $360,000 of 8%, 10-year bonds at 102. Interest is paid annually, and the straight-line method is used for amortization. Assume that the market rate for similar investments is 7%. The bonds are issued on the date of the bonds. (a) Your answer is correct. What amount was received for the bonds? Amount received $ eTextbook and Media Question Part Score (b) Your answer is correct. 367200 How much Interest is paid each interest period? Interest paid eTextbook and Media Question Part Score (c) Your answer is correct 28800 What is the premium amortization for the first interest period? Premium amortization eTextbook and Media Question Part Score (d) 720 Your Answer Correct Answer (Used) How much interest expense is recorded on the first interest date? Interest expense S Question Part Score (e) Your answer is incorrect. 28.080 What is the carrying value of the bonds after the first interest date? Carrying value 1 Attempts: 1 of 5 used 1/1 Attempts: 2 of 5 used 2.09/2.09 Artempts: 1 of 5 used 211/211 0/2.11