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On January 1 , 2 0 2 5 , $ 3 , 0 0 0 , 0 0 0 , 1 0 - year, 1

On January 1,2025,$3,000,000,10-year, 10% bonds, were issued for $2,910,000. Interest is paid annually on January 1. If the issuing corporation uses the straight-line method to amortize the discount on bonds payable, calculate the monthly amortization amount.
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