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Garrison Company issued exist800,000, 7%, 20-year bonds on January 1, 2010, at 105. Interest is payable annually on January 1. Garrison uses straight-line amortization for

Garrison Company issued exist800,000, 7%, 20-year bonds on January 1, 2010, at 105. Interest is payable annually on January 1. Garrison uses straight-line amortization for bond premium or discount

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