On January 1, 2015, Carter Sales Issued $15,000 in Bonds

question 1

Multiple Choice

On January 1, 2015, Carter Sales issued $15,000 in bonds for $15,800. They were 8-year bonds with a stated rate of 9%, and pay semiannual interest. Carter Sales uses the straight-line method to amortize the bond premium. On June 30, 2015, when Carter makes the first payment to bondholders, how much will they report as Interest Expense?

• A)$625
• B)$675
• C)$275
• D)$280

---

Definitions:

Negative Affect System

A psychological concept referring to the mechanism involved in experiencing and processing negative emotions and mood states, such as sadness, anger, and fear.

Coping

The process of managing and dealing with stressors or challenging situations in an effective way.

Contextual Risk Factor

External conditions or environments that increase the likelihood of negative outcomes or vulnerabilities for an individual or group.

Parental Arguing

Refers to conflicts or disputes between parents, often witnessed by or impacting their children.