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5. Lucio Corporation issues $50.000, 10%, 5-year bonds on January 1, for $52,100. Interest is paid semiannually on January 1 and July 1. If Lucio

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5. Lucio Corporation issues $50.000, 10%, 5-year bonds on January 1, for $52,100. Interest is paid semiannually on January 1 and July 1. If Lucio uses the straight-line method of amortization of bond premium, the amount of bond interest expense to be recognized on July 1 is

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