Cornerstone Exercise 9-22 (Algorithmic) Reporting Long-Term Debt on the Balance Sheet Dennis Corp. has the following bonds: a. $100,000 in bonds that have $2,000 of unamortized discount associated with them. b. $100,000 in bonds that have $3,000 of unamortized premium associated with them. Required: Prepare the balance sheet presentation for these two bonds. a. Long-term liabilities: Bonds payable $ Discount on bonds payable Carrying value $ b. Long-term liabilities: Bonds payable $ Premium on bonds payable Carrying value $