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Barrington Corporation paid $26,000 to have bond certificates printed and engraved, $100,000 in legal fees, and $8,000 to a CPA for registration information. Barrington sold
Barrington Corporation paid $26,000 to have bond certificates printed and engraved, $100,000 in legal fees, and $8,000 to a CPA for registration information. Barrington sold the bonds to an underwriter. The spread between the price the underwriter paid and the resale price was $230,000. What is the amount of debt issue costs
Debit issue Costs_____________?
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