On January 1, 2018, Wonderland Sales issued $30,000 in bonds for $22,300. These are eight-year...
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On January 1, 2018, Wonderland Sales issued $30,000 in bonds for $22,300. These are eight-year bonds with a stated interest rate of 12% and pay semiannual interest. Wonderland Sales uses the straight-line method to amortize the bond discount. What is the bond carrying amount after the first interest payment on June 30, 2018? (Round your intermediate answers to the nearest dollar.) Select one: OA. $18,931 B. $30,000 O C. $26,631 OD. $22,781
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