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Connect MHE Reader A company issued 6%, 20-year bonds with a face am.. ACG3141- Module 5- Check my work mode: This shows what is correct

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Connect MHE Reader A company issued 6%, 20-year bonds with a face am.. ACG3141- Module 5- Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Retu 2 On January 1, a company issued 6%, 15-year bonds with a face amount of $80 million for $66,166,472 to yield 8%. Interest is paid semiannually What was the straight-line interest expense on the December 31 annual income statement? (Enter your answer in whole dollars. Round your intermediate calculations to the nearest dollar amount.) oints Answer is complete but not entirely correct 2,861,118

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