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Nick Spanos Antiques issued its 6%, 10-year bonds payable at a price of $347,620 (face value is $400,000). The company uses the straight-line amortization method

Nick Spanos Antiques issued its 6%, 10-year bonds payable at a price of $347,620 (face value is $400,000). The company uses the straight-line amortization method for the bond discount or premium. Interest expense for each year is (Round your answer to the nearest whole dollar.) O A. $18,762 O B. $29,238 O C. $24,000. O D. $20,857

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