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At December 31, 2025, the following balances existed for MICPACorporation:Bonds Payable (6%) $600,000Premium on Bonds Payable 12,000The bonds mature on 12/31/28. Straight-line amortization isused 2

At December 31, 2025, the following balances existed for MICPACorporation:Bonds Payable (6%) $600,000Premium on Bonds Payable 12,000The bonds mature on 12/31/28. Straight-line amortization isused 2 answers

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