Net Work Corporation, whose annual accounting period ends on December 31, issued the following bonds:

Date of bonds: January 1, 2018

Maturity amount and date: $200,000 due in 10 years (December 31, 2027)

Interest: 10 percent per year payable each December 31

Date issued: January 1, 2018

Required:

For each of the three independent cases that follow, provide the amounts to be reported on the January 1, 2018, financial statements immediately after the bonds were issued:

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Case B (at 98) Case A Case C (issued at 100) (at 102) a. Bonds payable b. Unamortized premium (or discount) c. Carrying value %24 %24 %24