frey company issued 300000 face value of bonds on january 1 2016 the bonds had a 6 percent stated rate of interest and a 10 year term/

/in /by

b. Determine the amount of interest expense reported on the 2016 income statement.
c. Determine the carrying value (face value less discount or plus premium) of the bond liability as of December 31, 2016.
d. Determine the amount of interest expense reported on the 2017 income statement.
e. Determine the carrying value (face value less discount or plus premium) of the bond liability as of December 31, 2017.