Question: TB MC Qu . 1 4 - 9 7 ( Algo ) On January 1 , 2 0 2 4 , Solo Incorporated issued... On

TB MC Qu.14-97(Algo) On January 1,2024, Solo Incorporated issued...
On January 1,2024, Solo Incorporated issued 1,800 of its 11%, $1,000 bonds at 98.2. Interest is payable semiannually on January 1 and July 1. The bonds mature on January 1,2034. Solo paid $56,000 in bond issue costs. Solo uses straight-line amortization.
What is the carrying value of the bonds reported in the December 31,2024, balance sheet?

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