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On January 1, 2017, the Bonds Payable account has a balance of $720,000. On December 31, 2017, the Bonds Payable account has a balance of

On January 1, 2017, the Bonds Payable account has a balance of

$720,000.

On December 31, 2017, the Bonds Payable account has a balance of

$790,000.

During 2017, one bond of

$10,000

was retired. No discounts or premiums were amortized in 2017. What amount of new bonds were issued in 2017?

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