If the straight-line amortization method had been used in (3), the interest expense for the first six
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If the straight-line amortization method had been used in (3), the interest expense for the first six months would have been:
a. \(\$ 39,170\).
b. \(\$ 32,000\).
c. \(\$ 18,000\).
d. \(\$ 19,585\).
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Related Book For
Financial Accounting A Business Perspective
ISBN: 9780072289985
7th Edition
Authors: Roger H. Hermanson, James Don Edwards
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