Question: please show steps to solution Sheridan-Solis ounting 101 May 20, 2019 15. On January 1, Xiang Corporation issues $500,000, 5-year, 12% bonds at 96 with

please show steps to solution
Sheridan-Solis ounting 101 May 20, 2019 15. On January 1, Xiang Corporation issues $500,000, 5-year, 12% bonds at 96 with interest payable on January 1. What is the carrying value of the bonds at the end of the third interest period? (Ch 10.3) a. $492,000 b. $488,000 c. $472,000 d. $464,000 16. On January 1, Xiang Corporation issues
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