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Crane company issued $410,000, 10-year, 6% bonds at 101. (a) Prepare a tabular summary to record the sale of these bonds on January 1, 2027.

Crane company issued $410,000, 10-year, 6% bonds at 101.

(a) Prepare a tabular summary to record the sale of these bonds on January 1, 2027. Include margin explanations for the changes in revenues and expenses.

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