Diaz company issued bonds with a $131,000 face value on january 1, year 1. the bonds had a 6 percent stated rate of interest and a 10-year term. interest is paid in cash annually, beginning december 31, year 1. the bonds were issued at 99. the straight-line method is used for amortization. the number of outstanding shares of common stock is?

month 1 start amount =$3287.90 interest=(3287.90x0.0145/12)3.97 total to pay=$3291.81 paid =$1200 balance =$2,091.87

month 2 starting amount= $2,091.87 interest =$25.28 total to pay =$2117.15 paid =$1200 balance $917.15

month 3 starting amount =$917.15 interest =$11.08 total to pay =$928.23 paid =$928.23 balance =$0 total to pay 1200+1200+928.23 = $3328.23 it will take 3 months to pay a total of $3328.23

answer; the correct answer should be (demonstrations); good luck