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A. $7,384 B. $14,700 C. $18,000 D. $22,084 On April 1 of the current year, Cassandra Corp. issued $600,000 of 4% bonds payable at 98
A. $7,384 B. $14,700 C. $18,000 D.
$22,084 On April 1 of the current year, Cassandra Corp. issued $600,000 of 4% bonds payable at 98 to yield 5% with interest payment dates of April 1 and October 1. In its income statement for the current year ended December 31, what amount of interest expense should Cassandra report?
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