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At the beginning of 2020, Winston Corporation issued 10% bonds with a face value of $4,000,000. These bonds mature in five years, and interest is

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At the beginning of 2020, Winston Corporation issued 10% bonds with a face value of $4,000,000. These bonds mature in five years, and interest is paid semiannually on June 30 and December 31. The bonds were sold for $3,705,600 to yield 12% Winston uses a calendar-yenr reporting period. Using the effective interest method of amortization, what amount of interest expense should be reported for 20207 (Round your answer to the nearest dollar) O SAS BRO O $143,334 O $444,666 O $446,012

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