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On January 1, 2018, Splash City issues $450,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and Decerm ber

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On January 1, 2018, Splash City issues $450,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and Decerm ber 31 each year. Assuming the market interest rate on the issue date is 8%, the bonds will issue at $419,423. value 0.58 points Required 1. Complete the first three rows of an amortization table. Date Cash Paid Interest Increase in Expense Carrying Value Value 6/30/18 12/31/18

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