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Help me asap On Jafuary 1,2022, Stark incorporated issued $1,500,000 par value, $%,7-year bonds (ie, there were 1,500 of $1,000par value bends in the bsue),
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On Jafuary 1,2022, Stark incorporated issued $1,500,000 par value, $%,7-year bonds (ie, there were 1,500 of $1,000par value bends in the bsue), Interest is payable semiannally each January 1 and July 1 with the frst interest parment due at the end of the period on July 1 . The issue price of the bonds based on an 8% market rate of interest is $1,262,330. Prepare the amortization table for the first 2 years, assuming Stark uses the straight tine method. (Round each calculation to the nearest whole number and Ihen use fhe rounded value for esch subsequent calculation in the table.)Step by Step Solution
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