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On January 1, 2014, Spacesaver, Inc., purchased $110,000 face value of the 4% bonds of Services Express, Inc., at 104. The bonds mature on January

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On January 1, 2014, Spacesaver, Inc., purchased $110,000 face value of the 4% bonds of Services Express, Inc., at 104. The bonds mature on January 1, 2019. For the year ended December 31, 2017, Spacesaver received cash interest of A. $5, 280. B. $3, 520. C. $4, 576. D. $4, 400

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