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2 Part 2: (10 points) DKD Company issued $10,000 of bonds that will mature in three years with a stated rate of 3% for 58,259
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Part 2: (10 points) DKD Company issued $10,000 of bonds that will mature in three years with a stated rate of 3% for 58,259 om 1/1/2021. The bonds were sold to yield an effective rate of 10%. Interest is paid annually on 12/31. DKD prepared a bond amortization sehedule and on your first day of work, you spilled your latte, wiping out the schedule. Thank goodness you had completed Intermediate Accounting II and was able to cotngile a new schedule. Your first task is to complete the below amortization schedule using the effective interedt method. (Round all numbers to whole dollars.) Step by Step Solution
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