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NEED ASAP 10 MINS !!!! SHOW CALCULATIONS PLEASE! Livermore Company sold $900,000 of 4%, 10-year bonds at 98 on January 1, 2021. The bonds were

NEED ASAP 10 MINS !!!! SHOW CALCULATIONS PLEASE! image text in transcribed

Livermore Company sold $900,000 of 4%, 10-year bonds at 98 on January 1, 2021. The bonds were dated January 1, 2021 and pay interest on June 30 and December 31. If Livermore uses the straight-line amortization, what would the total interest expense recognized for the bond issue over its full term? (Do not add dollar sign; do not add comma by yourself to your amount: round the answer to the whole number) Ouestion 2 of 13

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