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On January 1, 2021, a company issues $780,000 of 8% bonds, due in nine years, with interest payable semiannually on June 30 and December 31

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On January 1, 2021, a company issues $780,000 of 8% bonds, due in nine years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 9%, the bonds will issue at $732,576. Required: 1. Fill in the blanks in the amortization schedule below. (Round your answers to the nearest dollar amount. Enter all amounts as positive values.) Date Cash Paid Interest Expense Change in Carrying Value Carrying Value 01/01/2021 06/30/2021 12/31/2021

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