Question: Question 14 2 points Save Answer On January 1, Year 1, Wayne Company issued bonds with a tace value of $780,000, a 12% stated rate

Question 14 2 points Save Answer On January 1, Year 1, Wayne Company issued bonds with a tace value of $780,000, a 12% stated rate of interest, and a 10-year term. Interest is payable in cash on December 31 of each year. Wayne uses the straight-ine method to amortize bond discounts and premiums. Assuming Wayne iosued the bonds for 105, what is the camrying value of the bonds on the December 31, Year 1 balance sheet? O S15,100 O s22.000 $019.000 O S783,900

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