A company has $803,000 in bonds payable with an unamortized premium of $20,000. If one-fourth of the bonds are converted to common stock, the carrying value of the bonds will decrease by
A) $200,750.
B) $220,750.
C) $195,750.
D) $205,750.

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The Answer of A company has $803,000 in bonds payable with an unamortized premium of $20,000. If one-fourth of the bonds are converted to common stock, the carrying value of the bonds will decrease by
A) $200,750.
B) $220,750.
C) $195,750.
D) $205,750.

A Company Has $803,000 in Bonds Payable with an Unamortized