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Blossom Company purchased 8 0 Rinehart Company 8 % , 1 0 - year, $ 1 , 0 0 0 bonds on January 1 ,

Blossom Company purchased 80 Rinehart Company 8%,10-year, $1,000 bonds on January 1,2022, for $80,000. The bonds pay interest annually on January 1. On January 1,2023, after receipt of interestBlossom Company sold 50 of the bonds for $48,000

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