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Hsu Company issued $100,000 of 8% bonds on January 1 at face value. The bonds pay interest semiannually on June 30 and December 31. The
Hsu Company issued $100,000 of 8% bonds on January 1 at face value. The bonds pay interest semiannually on June 30 and December 31. The total interest expense related to these bonds for the first year ended December 31 is
a.$4,000.
b.$2,000.
c.$12,000.
d.$8,000.
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