Business, 21.04.2020 19:01 mfg1235

On January 1, 2019, Anthony Corporation issued $ 1 comma 000 comma 000 of 6%, 5minusyear bonds at 96, with interest paid annually. Using the straightminusline amortization method, what is the carrying value of the bonds one year later on January 1, 2020? (Round any intermediary calculations to two decimal places and your final answer to the nearest dollar.)

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On January 1, 2019, Anthony Corporation issued $ 1 comma 000 comma 000 of 6%, 5minusyear bonds at 96...

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