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Charles Wilson Company sells 9 % bonds having a maturity value of $ 1 , 6 5 0 , 0 0 0 for $ 1

Charles Wilson Company sells 9% bonds having a maturity value of $1,650,000 for $1,471,570. The bonds are dated January 1,2025,
and mature January 1,2030. Interest is payable annually on January 1.
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Set up a schedule of interest expense and discount amortization under the straight-line method. (Round answers to 2 decimal
places, e.g.38,548.25.
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