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A corporation issues $381000, 10%, 5-year bonds on January 1, 2020, for $365100. Interest is paid annually on January 1. If the corporation uses the

A corporation issues $381000, 10%, 5-year bonds on January 1, 2020, for $365100. Interest is paid annually on January 1. If the corporation uses the straight-line method of amortization of bond discount, the amount of bond interest expense to be recognized in December 31, 2020s adjusting entry is?

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