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A corporation issued $200,000, 10%, five-year bonds on January 1, 2024 for $216,222, which reflects an effective-interest rate of 8%. Interest is paid semi-annually on

A corporation issued $200,000, 10%, five-year bonds on January 1, 2024 for $216,222, which reflects an effective-interest rate of 8%. Interest is paid semi-annually on January 1 and July 1. How much is the amount amortized on January 1, 2025

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