Question: Homework: 9-1 MyAccounting Lab: Module Nine Homework Save Score: 0 of 2 pts 17 of 36 (30 complete) Hw score: 76%, 57 of 75 pts
Homework: 9-1 MyAccounting Lab: Module Nine Homework Save Score: 0 of 2 pts 17 of 36 (30 complete) Hw score: 76%, 57 of 75 pts QC9-17 (similar to) Question Help McCabe Corporation issued S350.000 of 7.0% 10-year bonds. The bonds are dated and sold on January 1, 2015 Interest payment dates are January 1 and July 1 The bonds are issued for S326, 217 to yield the market interest rate of 8%. Using straight-line amortization, the carrying amount of McCabe Corporation's bonds at December 31, 2015, is (Final answers are rounded.) OA. $327,406 B. $323,839 C. $325,028 O D. $328,595
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