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Return Required information Exercise 10-9 Straight-Line: Bond computations, amortization, and bond retirement LO P2, P4...

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Return Required information Exercise 10-9 Straight-Line: Bond computations, amortization, and bond retirement LO P2, P4 [The following information applies to the questions displayed below] On January 1, 2017 Shay issues $350,000 of 10%, 15-year bonds at a price of 9775. Six years later, on January 1 2023, Shay retires 20% of these bonds by buying them on the open market at 104.50. All interest is accounted for and paid through December 31, 2022, the day before the purchase. The straight line method is used to amortize any bond discount Exercise 10-9 Part 4 4. What is the carrying (book) value of the bonds and the carrying value of the 20% soon-to-be-retired bonds as of the close of business on December 31, 20222 Answer is complete but not entirely correct. | Frex 10 12 13 13 : Next Search 0 = 2 = 8 SONY ANOT PLAY ONL_wo 3 * " " " * * DUUUUKUU

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