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On January 1, 20x6, Colemont Corporation issued 4 percent, five-year bonds having a face value of $1,000,000 for $915,480. The bonds were dated January 1,

On January 1, 20x6, Colemont Corporation issued 4 percent, five-year bonds having a face value of $1,000,000 for $915,480. The bonds were dated January 1, pay interest annually on January 1, and were sold to yield investors a 6 percent return. Colemont's fiscal year ends on December 31. What should be the amount of "d" in the schedule below? 1-1- 20x6 12-31- 20x6 12-31- 20x7 12-31- 20x8 12-31- 20x9 12-31- 20x10 O e-b O b-c e-a XXX XXXX XXXX XX Interest expense b XXXXX XX XXXXXXXXXXX XXXXXX XX Cash Paid C XXXXXXX XX XXXXXXXX XXX XXXXXXXX XX XXXX XX Discount amortized Carrying Value d XXX XXX XX XXXXXXXXX XXXXXX a e f XXXX
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On January 1,206, Colemont Corporation issued 4 percent, five-year bonds having a face value of $1,000,000 for $915,480. The bonds were dated January 1, pay interest annually on January 1 , and were sold to yield investors a 6 percent return. Colemont's fiscal year ends on December 31 . What should be the amount of " d " in the schedule below

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