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On January 1, 2018, Splash City issues $300,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31

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On January 1, 2018, Splash City issues $300,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 8%, the bonds will issue at $279,615. value: 0.00 points Required: 1. Complete the first three rows of an amortization table Cash Paid Interest ncrease in Expense Carrying Increase in Carrying Value Value 6/30/18 10.500 10,500 12/31/1810

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