please answer 341 and 345

hed ferig A) the Direct Methid B) the Indirect Methood 342) ABC issued callable bonds on January 1, 2018. ABC's accountant has projected the following amortization schedule from issuance until maturity: Cash Paid Increase in Carrying Value Interest Date ExpenseCarrying Value $194,758 1/1/2018 6/30/2018 $790 195,548 $7,000 $7,790 196,370nen 12/31/2018 7,000 7,822 822 6/30/2019 7,000 7,855 855 197,225 198114w in 12/31/2019 7,000 889 7.889 6/30/2020 925 7,000 7,925 199,039 12/31/2020 7,000 961 7,961 200,000 ABC buys back the bonds for $196,000 immediately after the interest payment oh 12/31/2018 and retires them. What gain or loss, if any, would ABC A) $1,242 loss. on this date? C)S370 gain. B) $4,000 gain. D) No gain or loss. 343) ABC purchased equipment that cost $120,000. It had an estimated useful life of four years and no residual value. The equipment was depreciated by the straight-line method of the third year of use for $25,000 cash. ABC should record: A) A gain of $5,000. B) Neither a gain nor a loss since the computer was sold at its book value. 39 039 either a gain nor a loss since the gain would not be recognized. A loss of $5,000. at the end 344) On September 1, 2018, ABC signed a S 100,000, 996, six-month note payable withthe amount borrowed plus accrued interest due six months later on March 1,2019. ABC records the 1 appropriate adjusting entry for the note on December 31, 2018. In recording the payment of the note plus accrued interest at maturity on March 1,2019, ABC would A) Debit Interest Expense, $3,000. B) Debit Interest Expense, $4500. th nd D) Debit Interest Payable, $1,500. peb it Interest Expense, $1,500. 345) Collateral is useful A) when there is one creditor B) when there is one creditor or multiple creditors C) when there are multiple creditors of th