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At the beginning of 2017, Bramble Corp. issued 8% bonds with a face value of $5200000. These bonds mature in five years, and interest is

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At the beginning of 2017, Bramble Corp. issued 8% bonds with a face value of $5200000. These bonds mature in five years, and interest is paid semiannually on June 30 and December 31, The bonds were sold for $4817280 to yield 10%. Bramble uses a calendar-year reporting period. Using the effective-interest method of amortization, what amount of interest expense should be reported for 2017? (Round your answer to the nearest dollar.) O $483371 $496239 O $482025 O $480693

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