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On January 1, 2020, Bramble Corp. sold to Cullumber Company $820000 of its 8% bonds for $725943 to yield 11%. Interest is payable semiannually on
On January 1, 2020, Bramble Corp. sold to Cullumber Company $820000 of its 8% bonds for $725943 to yield 11%. Interest is payable semiannually on January 1 and July 1. What amount should Bramble report as interest expense for the six months ended June 30, 2020?
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