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On December 31,20x1, a corporation issued $140,000 tace value, 9 percent bonds that mature 10 yoars from the date of issue. The issue price was

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On December 31,20x1, a corporation issued $140,000 tace value, 9 percent bonds that mature 10 yoars from the date of issue. The issue price was fo2. If the firm uses the straight-line method of amortization, interest expense for 202 will be reported ot Mutiple Choice $200 $12.320 $12,600 50240

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