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franklin corporation issues $50,000, 10%, 5 year bonds on janurary 1 for $52,100 interest is paid semiannually on janurary 1 and july 1 if franklin

franklin corporation issues $50,000, 10%, 5 year bonds on janurary 1 for $52,100 interest is paid semiannually on janurary 1 and july 1 if franklin uses straight line method of amoritzation of bond premium the amount of bond interest expense to be recogonizedon july 1 is

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