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Net Work Corporation, whose annual accounting period ends on December 31, issued the following bonds: Date...

Net Work Corporation, whose annual accounting period ends on December 31, issued the following bonds: Date of bonds: January 1, 2015 Maturity amount and date: $410,000 due in 10 years (December 31, 2024) Interest: 9.5 percent per year payable each December 31 Date issued: January 1, 2015 Required: For each of the three independent cases that follow, provide the following amounts to be reported on the January 1, 2015, financial statements immediately after the bonds were issued: (Amounts to be deducted should be indicated by a minus sign.) Case A: (issued at 100) Case B: (issued at 98) Case C: (issued at 102). 1) Bonds payable 2) unamortized premium (or discount) 3) carrying value. Do each case for all three scenarios.

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