On January 1, Marin Inc. issued $2500000, 9% bonds for $2350000. The market rate of interest for these bonds is 10%. Interest is payable annually on December 31. Marigold uses the effective-interest method of amortizing bond discount. At the end of the first year, Marin should report unamortized bond discount of

$125000.

$135000.

$140000.

$126500.

Answer rating: 100% (QA)

Dis count on bonds Pay able 2500000 2350000 150000 ... View the full answer