200. Presented here is a partial amortization schedule for Roseland Company who sold $300,000, five year 10% bonds on January 1, 2014 for $312,000 and uses annual straight-line amortization. Which of the following amounts should be shown in cell (v)? A) $314,400 B) $313,200 C) $309,600 D) $310,800

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The amortization schedule shows that each year, $2,400 (=$12,000/5) of bond discount is amortized. Therefore, in year 2, the carrying value of the bonds will be $309,600 (=$312,000-$2,400) and this amount should be shown in cell (v).