200. Presented here is a partial amortization schedule for Roseland Company who sold $300,000, five year 10% bonds on January 1, 2017 for $312,000 and uses annual straight-line amortization. Which of the following amounts should be shown in cell (v)? A) $314,400 B) $313,200 C) $309,600 D) $310,800

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Cell (v) represents the carrying value of the bond at the end of the year. According to the given amortization schedule, the carrying value decreases by $6,000 each year, which means the carrying value at the end of 2017 is $306,000 ($312,000 - $6,000). Since the annual straight-line amortization is $2,000 ($10,000 / 5 years), the carrying value at the end of 2018 should be $304,000 ($306,000 - $2,000). Continuing this pattern, the carrying value at the end of 2019 should be $302,000, and the carrying value at the end of 2020 should be $300,000. Therefore, the correct answer is C) $309,600, which represents the carrying value at the end of 2022 (after five years of annual amortization).