Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2021. THA's accountant has projected the following amortization schedule from issuance until maturity: Date Cash Paid Interest Expense Increase in Carrying Value Carrying Value 01/01/2021 $ 237,311 06/30/2021 $ 10,000 $ 11,866 $ 1,866 239,177 12/31/2021 10,000 11,959 1,959 241,136 06/30/2022 10,000 12,057 2,057 243,193 12/31/2022 10,000 12,160 2,160 245,353 06/30/2023 10,000 12,268 2,268 247,621 12/31/2023 10,000 12,379 2,379 250,000
THA issued the bonds for:.

Phoenix guitars is interested in pursuing backward integration to take greater ownership of the extraction of raw materials and production of components used in its signature line of guitars. although this approach would lower the overall cost of producing a guitar, the costs associated with producing electronic pickupsfor sound amplification are far greater than those associated with sourcing pickups from a reliable supplier. which of the following approaches is likely to produce superior results? a) invest in vertical integration despite the cost of producing pickups.b) abandon the idea of vertical integration entirely.c) pursue taper integration.d) introduce a budget line of guitars to diversify the firm's offerings.