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help with accounting and how you got the answers please...thank you On January 1, 2014, Bear Cove Co. issued its 11% bonds in the face

help with accounting and how you got the answers please...thank you

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On January 1, 2014, Bear Cove Co. issued its 11% bonds in the face amount of $3,000, which mature on January 1, 2024. The bonds were issued for $3, 385 to yield 9%. Bear Cove uses the effective-interest method of amortizing the bond premium. Interest is payable annually on December 31. The 2015 Interest Expense is approximately: Select one: $358 $305 $302 $330 $355 On January 1, 2014, Bear Cove Co. issued its 11% bonds in the face amount of $3,000, which mature on January 1, 2024. The bonds were issued for $3, 385 to yield 9%. Bear Cove uses the effective-interest method of amortizing the bond premium. Interest is payable annually on December 31. The 12/31/15 unamortized bond premium is approximately: Select one: $332 $298 $338 $348 $300

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