(Answered) Question - on january 1 2017 walker sales issued 27000 in

Accounting

Question - On January 1, 2017, Walker Sales issued $27,000 in bonds for $24,300. These are eight-year bonds with a stated rate of 15%, and pay semiannual interest. Walker Sales uses the straight-line method to amortize the bond discount. After the second interest payment on December 31, 2017, what is the bond carrying amount? (Round your intermediate answers to the nearest cent, and your final answer to the nearest dollar.)

A) $24,638 B) $24,300

C) $27,000 D) $24,469

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