A company has $1,800,000 in bonds payable with an unamortized discount of $42,000.If two-thirds of the bonds are converted to common stock,the carrying value of the bonds payable will decrease by
A) $586,000.
B) $1,172,000.
C) $1,228,000.
D) $1,256,000.

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The Answer of A company has $1,800,000 in bonds payable with an unamortized discount of $42,000.If two-thirds of the bonds are converted to common stock,the carrying value of the bonds payable will decrease by
A) $586,000.
B) $1,172,000.
C) $1,228,000.
D) $1,256,000.

A Company Has $1,800,000 in Bonds Payable with an Unamortized