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JBC sold the following bond: Face Value: 500,000 Interest Rate: 9% Term: 5 Years Sale Date: 01/01/2019 Sales Price: 520,000 Prepare a straighline amortization schedule

JBC sold the following bond:

Face Value: 500,000 Interest Rate: 9% Term: 5 Years Sale Date: 01/01/2019 Sales Price: 520,000

Prepare a straighline amortization schedule to amortize the bond premium.

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