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The Whittier Company issues $100,000, 10% bonds at 104 on April 1, 2016. The bonds are dated January 1, 2016 and mature ten years from that date. Straight-line amortization is used. Interest is paid annually each December 31. Compute the bond carrying value as of December 31, 2022.

For this, wouldn't the fact that it was issued in April affect the amortization? I did this but I want to make sure it is correct.

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