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On January 1, 2021, Golf Corporation issued $ 900,000, 8%, 5-year bonds dated January 1, 2021, to yield 9%. The bonds pay semi-annual interest on

On January 1, 2021, Golf Corporation issued $ 900,000, 8%, 5-year bonds dated January 1, 2021, to yield 9%. The bonds pay semi-annual interest on January 1 and July 1. The company has a December 31 year end. Calculate the Bond Interest Expense for period THREE of this bond issue.

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