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On January 1, 2020, Cleopatra Corporation issued $700,000, 14%, 5-year bonds at $750,000. The bonds are listed in the statement of financial position at $740,000

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On January 1, 2020, Cleopatra Corporation issued $700,000, 14%, 5-year bonds at $750,000. The bonds are listed in the statement of financial position at $740,000 on December 31, 2020. What is the amount of unamortized premium? CO 15 Select one: a. $700,000. O b. can't be determined. 22 Finish c. $50,000 d. $40,000. O Time

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