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CALCULATOR FULL SCREEN PRINTER VERSION BLACK Exercise 10-23 (Part Level Submission) Blossom Company issued $405,000,7%, 10-year bonds on January 1, 2017, for $467,546. This price

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CALCULATOR FULL SCREEN PRINTER VERSION BLACK Exercise 10-23 (Part Level Submission) Blossom Company issued $405,000,7%, 10-year bonds on January 1, 2017, for $467,546. This price resulted in an effective interest rate of 5% on the bonds. Interest is payable annually on January 1. Blossom uses the effective interest method to amortize bond premium or discount (al) Prepare the schedule using effective interest method to amortize bond premium or discount of Blossom Company. (Round answers to 0 decimal places, e.g. 125.) Interest Interest to Interest Expense Premium Unamortized Bond Periods Be Paid to Be Recorded Amortization Premium Carrying Value 457546 $ 467546 Issue date 462573 28350 23377 28350 Click if you would like to Show Work for this

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