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35. Berryhill Company purchased $100,000 bonds at 102. Accrued interest for three months was $2,000; brokerage fees were $500. The cost of this long-term investments
35.
Berryhill Company purchased $100,000 bonds at 102. Accrued interest for three months was $2,000; brokerage fees were $500. The cost of this long-term investments in bonds is:
Select one:
a. $102,000
b. $104,000
c. $102,500
d. $104,500
e. $103,500
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