Question: orio.com Help Save & Exit Su Saved 11 Auerbach Inc. issued 8% bonds on October 1, 2021. The bonds have a maturity date of September

 orio.com Help Save & Exit Su Saved 11 Auerbach Inc. issued
8% bonds on October 1, 2021. The bonds have a maturity date

orio.com Help Save & Exit Su Saved 11 Auerbach Inc. issued 8% bonds on October 1, 2021. The bonds have a maturity date of September 30, 2031 and a face value of $300 million. The bonds pay interest each March 31 and September 30, beginning March 31, 2022. The effective interest rate established by the market was 10%. Assuming that Auerbach issued the bonds for $262,611,000, what would the company report for its net bond liability balance at December 31, 2021, rounded up to the nearest thousand? (Do not round intermediate calculations.) Multiple Choice $268.611,000 $299,000,000 $256,611.000. $263.176,000

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