Answer:
At the end of the first year, Borge should report unamortized bond discount of a. $169,470.
Step-by-step explanation:
Solution:
Interest amount =
($2,817,000 * 0.09) - ($3,000,000 * 0.08)
=$13,530
Bond Disc. Amount; ($3,000,000 - $2,817,000) - $13,530
= $183,000 - $13,530
= $169,470