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the carrying value for the first year is in the chart. it is $8,640,967 ...

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Accounting

the carrying value for the first year is in the chart. it is $8,640,967
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Discount-Mart issues $10 million in bonds on January 1, 2024. The bonds have a ten-year term and pay interest semiannually on June 30 and December 31 each year. Below is a partial bond amortization schedule for the bonds: What is the interest expense on the bonds in 2024? Multiple Choice $345.639 $600000 $347,464

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