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Solve the net balance that will be reported for the bonds

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Problem 1: The Technology Company issues $506,000 of 8?%, 10-year bonds at 106 on March? 31, 2018. The bonds pay interest on March 31 and September 30. Assume that the company uses the straight-line method for amortization. Calculate the net balance that will be reported for the bonds on the September? 30, 2018 balance sheet.? (Round your intermediate answers to the nearest? dollar.)

A. $534,842
B. $536,360
C. $537,878

Reference no: EM132676751

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