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Current Attempt in Progress Kenneth Clark Company sells 10 bonds having a maturity value of $2,170,000 for $2,013,560. The bonds are dated January 1,2025 ,

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Current Attempt in Progress Kenneth Clark Company sells 10 bonds having a maturity value of $2,170,000 for $2,013,560. The bonds are dated January 1,2025 , and mature January 1, 2030. Interest is payable annually on January 1. Click here to view factor tables. Set up a schedule of interest expense and discount amortization under the straight-line method. Round anowers to 2 decimal ploces, es 8 . 38,548.251

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