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Current Attempt in Progress On January 1, 2024, Blossom Co. sold $4900000 of its 8% bonds for $4539334 to yield 10%. Interest is payable
Current Attempt in Progress On January 1, 2024, Blossom Co. sold $4900000 of its 8% bonds for $4539334 to yield 10%. Interest is payable semiannually on January 1 and July 1. What amount should Blossom report as interest expense for the six months ended June 30, 2024, assuming that the effective interest method of amortization is used? $233415 O $226967 O $245000 $196000
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