Question: 0.5 points Save Answer QUESTION 30 X2 issued callable bonds on January 1, 2021. The bonds pay interest annually on December 31 each year. X2's

0.5 points Save Answer QUESTION 30 X2 issued callable bonds on

0.5 points Save Answer QUESTION 30 X2 issued callable bonds on January 1, 2021. The bonds pay interest annually on December 31 each year. X2's accountant has projected the following amortization schedule from issuance until maturity: Interest Decrease in Carrying Date Cash Paid Expense Value Carrying Value 104 01/01/2021 212 103 12/31/2021 $7,000 $6,253 465 102, 12/31/2022 7,000 6,208 673 12/31/2023 7,000 6,160 833 12/31/2024 7,000 6,110 943 12/31/2025 7,000 6,057 000 X2 issued the bonds at: A premium. Face amount. A discount Cannot be determined from the given information. 101 100 100

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