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3 1 of 2 1 Required information [The following information applies to the questions displayed below.] On January 1, 2018, Splash City issues $500,000
3 1 of 2 1 Required information [The following information applies to the questions displayed below.] On January 1, 2018, Splash City issues $500,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 10%, the bonds will issue at $457,102. 02:56:25 Book Hint Required: 1. Complete the first three rows of an amortization table. Date Cash Paid Interest Expense Increase in Carrying Value Carrying Value 1/1/18 6/30/18 12/31/18 Check my work
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