Question: Please include all steps. Brief Exercise 164 On January 1, 2019, Moon Enterprises sold 8%, 20-year bonds with a face amount of $1,000,000 for $950,000.

Please include all steps. Brief Exercise 164 On January 1, 2019, Moon Please include all steps.

Brief Exercise 164 On January 1, 2019, Moon Enterprises sold 8%, 20-year bonds with a face amount of $1,000,000 for $950,000. Interest is payable annually on January 1. Calculate the carrying value of the bond at December 31, 2019 and 2020. December 31, 2019 $ December 31, 2020 $ Click if you would like to Show Work for this question: Open Show Work

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