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Cave Creek Golf Clubs Co. issued $800,000 of 20 year, 7% bonds for $776,000. Assume semi-annual interest payments. The company uses straight-line amortization. Calculate the

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Cave Creek Golf Clubs Co. issued $800,000 of 20 year, 7% bonds for $776,000. Assume semi-annual interest payments. The company uses straight-line amortization. Calculate the carrying amount of the bonds following the 2nd interest payment. (Round dollar amounts to the nearest whole dollar) $ 27160

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