Question: --/1 Question 23 View Policies Current Attempt in Progress On January 1, Marigold Corp. issued $6600000, 9% bonds for $7029000. The market rate of interest

--/1 Question 23 View Policies Current Attempt in Progress On January

--/1 Question 23 View Policies Current Attempt in Progress On January 1, Marigold Corp. issued $6600000, 9% bonds for $7029000. The market rate of interest for these bonds is 8%. Interest is payable annually on December 31. Marigold uses the effective-interest method of amortizing bond premium. At the end of the first year, Marigold should report unamortized bond premium of: $397320 O $398580 $375320 $297000

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