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- 1 View Policies Current Attempt in Progress On January 1 , 2 0 2 3 , Marigold Corp. acquires $ 3 0 3 ,

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On January 1,2023, Marigold Corp. acquires $303,000 of Spider Products Inc. 7% bonds at a price of $287,660. The interest is payable each December 31, and the bonds mature on December 31,2025. The investment will provide Marigold with a 9% yield. Marigold applies IFRS and accounts for this investment using the amortized cost model.
(a)
Prepare a three-year bond amortization schedule. (Round answers to 0 decimal places, e.g.5,275.)
\table[[,,\table[[Schedule],[and Bond Di],[Effective]],],[Date,\table[[Cash],[Received]],\table[[Interest],[Income]],\table[[Bond Discount],[Amortization]]],[0101?23,,,]]
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