On March 1, 2010, Darby Corporation sold 82 of its 9 percent, $1,000 bonds for a price of 96 plus accrued interest. The accrued interest amounted to $1,000 . If a balance sheet were to be prepared at the end of the day, March 1, 2010, the carrying value reported for the bonds payable would be

a. $82,000.
b. $78,720.
c. $79,540.
d. $77,900.

B

Business

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