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On January 1, 2021. Peverelt Company sold $260,000 of 6% ten year bonds. Interest is payable semiannually on June 30 and December 31. The bonds

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On January 1, 2021. Peverelt Company sold $260,000 of 6% ten year bonds. Interest is payable semiannually on June 30 and December 31. The bonds were sold for $170,535, priced to yield 12% How much interest expense should Peverell Company report for the six months ended June 30, 20272 Numere Response

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