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Bramble Corp. sold $3,200,000, 6%, 10-year bonds on January 1, 2019. The bonds were dated January 1 and pay interest annually on January 1. Bramble
Bramble Corp. sold $3,200,000, 6%, 10-year bonds on January 1, 2019. The bonds were dated January 1 and pay interest annually on January 1. Bramble Corp. uses the straight-line method to amortize bond premium or discount. The bonds were sold at 105. Prepare a bond premium amortization schedule for the first 4 interest periods.
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