Question

During the year, Hamlet Inc. paid $23,000 to have bond certificates printed and engraved, paid $80,000 in legal fees, paid $14,000 to a CPA for registration information, and paid $240,000 to an underwriter as a commission. What is the amount of bond issue costs? Multiple Choice $357,000 $320,000 $103.000 $23,000

Answer 1

Answer ) $357,000

A) Printing cost $23,000

B) Legal Fee. $80,000

C) Registration fee $14,000

D) underwriter commision $240,000

E) (A+B+C+D) $357,000