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Crane Corporation issues $504,000 of 7%,5-year bonds on January 1, 2022, at 105. Assuming that the straight-line method is used to amortize the premium, what

Crane Corporation issues $504,000 of 7%,5-year bonds on January 1, 2022, at 105. Assuming that the straight-line method is used to amortize the premium, what is the total amount of interest expense for 2022 ? Total amount of interest expense

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