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On January 1, 2016, Solo Inc. issued 208,000 of its 6% bonds at 104. Interest is payable semiannually on January 1 and July 1 .

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On January 1, 2016, Solo Inc. issued 208,000 of its 6% bonds at 104. Interest is payable semiannually on January 1 and July 1 . The bonds mature in ten years. Solo uses straight-line amortization. The amount of interest expense for the year is: tion 15 0 out of 0.2 points Enterprise Group issued $100,000 of 4-year 6% bonds outstanding on December31 2015 for On April 1, 2016, $20,000 of the bonds were retired at 96 103001 Enterprise uses stra in amor zation. What is the credit to cash? eptember 17, 2018 10:29:03 PM CDT

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