Ivanhoe Company received proceeds of $736000 on 10 -year, 8% bonds issued on January 1,2019....
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Ivanhoe Company received proceeds of $736000 on 10 -year, 8% bonds issued on January 1,2019. The bonds had a face value of 5700000 , pay interest annually on December 31, and have a calf price of 106 . fvanthoe uses the straight-line method of amortization. What is the amount of interest Ivanhoe must pay the bondholders in 2019 ? $59360 $50900 $56000 55808
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