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On January 1, 2020, $4,000,000, 5-year, 10% bonds, were issued for $4 annually on January 1. If the issuing corporation uses the straight-linen monthly amortization

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On January 1, 2020, $4,000,000, 5-year, 10% bonds, were issued for $4 annually on January 1. If the issuing corporation uses the straight-linen monthly amortization amount is $35,332. $48,000. $4,800. O $4,000. Question 18 3.25 p 10% bonds, were issued for $4,240,000 (at a $240,000 premium). Interest is paid bration uses the straight-line method to amortize premium on bonds payable, the

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