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A company issues $ 5 0 , 0 0 0 of 5 % , 1 0 - year bonds dated January 1 and pay interest

A company issues $50,000 of 5%,10-year bonds dated January 1 and pay interest semiannually on June 30 and December 31 each year. The bonds are sold for $48,000. Using the straight-line amortization method, the company will amortize the discount by $ on each semiannual interest payment.
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