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I need help on this question quick. Please show work. Thank you! Required information [ The following information applies to the questions displayed below. ]
I need help on this question quick. Please show work. Thank you!
Required information
The following information applies to the questions displayed below.
On January of this year, Olive Corporation issued bonds. Interest is payable once a year on December The bonds
mature at the end of four years. Olive uses the effectiveinterest amortization method. The partially completed
amortization schedule below pertains to the bonds:
What amount of interest expense will be reported on the income statement for and
Note: Round your final answers to nearest whole dollar amount.
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