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If $610,000 of 10% bonds are issued at 96, what is the amount of cash received from the sale? Select the correct answer. $549,000 $671,000

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If $610,000 of 10% bonds are issued at 96, what is the amount of cash received from the sale? Select the correct answer. $549,000 $671,000 $610,000 $585,600

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