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At December 31, 20x1 the following balances existed on the books of Foxworth Corporation: Bonds Payable: $6,000,000 Discount on Bonds Payable: 840,000 Interest Payable: 150,000

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At December 31, 20x1 the following balances existed on the books of Foxworth Corporation: Bonds Payable: $6,000,000 Discount on Bonds Payable: 840,000 Interest Payable: 150,000 Bond issue costs: 20,000 bnds $980,000. $960,000. $830,000 $1,130,000

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