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At the beginning of 2 0 1 2 , Winston Corporation issued 1 0 % bonds with a face value of $ 1 , 2
At the beginning of Winston Corporation issued bonds with a face value of $ These bonds mature in five years, and interest is paid semiannually on June and December The bonds were sold for $ to yield Winston uses a calendaryear reporting period. Using the effectiveinterest method of amortization, what amount of interest expense should be reported for Round your answer to the nearest dollar
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