Question: Question 17 Presented here is a partial amortization schedule for Concord Corporation who sold $86000, five year 10% bonds on January 1, 2019 for $92000

Question 17 Presented here is a partial amortization schedule for Concord Corporation who sold $86000, five year 10% bonds on January 1, 2019 for $92000 and uses annual straight-line amortization Interest Period BOND AMORTIZATION SCHEDULE Interest interest Premium Unamortired Paid Expense Amortization Premium $6000 0 (0) (un (lv) January 1, 2019 January 1, 2020 Bond Carrying Value $92000 (v) Which of the following amounts should be shown in cell (W)? O 9200 O $9800 O $7400 O $8000

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