The following transactions were completed by Almeda Inc., whose fiscal year is the calendar year: Year 1 July 1. Issued
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2. Indicate the amount of the interest expense in (a) Year 1 and (b) Year 2.
|a. Year 1||$fill in the blank 91|
|b. Year 2||$fill in the blank 92|
3. Determine the carrying amount of the bonds as of December 31, Year 2.