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Bonds Issued at a Discount (Effective Interest) Crafty Corporation recelved $755,341 of cash upon issuance of 800,51,000 par value bonds, Each bond has a stated

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Bonds Issued at a Discount (Effective Interest) Crafty Corporation recelved $755,341 of cash upon issuance of 800,51,000 par value bonds, Each bond has a stated rate of 5% and will mature on December 31,2030,7 years after the issuance of the bonds. Interest is pald annualiy on December 31 . The market rate of interest is 6%. This information has been collected in the Microsoft Excel Online file Open the spresdsheet, perform the recuired analysis, and input your answer in the question below. Open spreadsheet Required: Prepare the amortization table using the effective interest rate method. Note: Round interest expense to a dollar and round final year interest expense amount to complete the amortization

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