Prescott Corporation issued ten thousand $1,000 bonds on January 1, 2018. The bonds have a 10-year term and pay interest semiannually. This is the partial bond amortization schedule for the bonds. 
- What is the book value of the bonds as of December 31, 2019?
A) $11,432,379.
B) $11,375,350.
C) $11,316,611.
D) $11,256,109.
Correct Answer:
Verified
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