X2 issued callable bonds on January 1, 2021. The bonds pay Interest annually on December...

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X2 issued callable bonds on January 1, 2021. The bonds pay Interest annually on December 31 each year. X2's accountant has projected the following amortization schedule from issuance until maturity: 9 Interest Expense Decrease in Carrying Value Cash Paid 8 00:18:07 Date 01/01/2021 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025 $25,000 25,000 25,000 25,000 25,000 $23, 375 23,229 23,070 22,896 22,706 $1,625 1,771 1,930 2,104 2,294 Carrying Value $259,724 258,099 256,328 254,398 252, 294 250,000 Print X2 issued the bonds at: Multiple Choice Cannot be determined from the given Information. A discount. A premium. O Face amount

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