On January 1, 2016, Zebra Corporation issued 1,900 of its 8%, $1,000 bonds at 97.9. Interest is payable semiannually on January 1 and July 1. The bonds mature on January 1, 2026. Zebra paid $57,000 in bond issue costs. Zebra uses the straight-line amortization method.

What is the bond book value reported in the December 31, 2016, balance sheet?

Answer rating: 100% (QA)

Face value of bond 1900 1000 1900000 Bond Issue price 1900 1000 979 186010... View the full answer