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A company Issued 5-year, 6% bonds with a par value of $92,000. The company received $89.947 for the bonds. Using the straight-line method, the amount

A company Issued 5-year, 6% bonds with a par value of $92,000. The company received $89.947 for the bonds. Using the straight-line method, the amount of Interest expense for the first semiannual interest period is Multiple Choice $2,554.70 $2.965.30 $5.520.00 $5.930.60. $2.760.00image text in transcribed

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