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On January 1, a company purchased 3%, 20-year corporate bonds for $69,033,776 as an investment. The bonds have a face amount of $80 million and

On January 1, a company purchased 3%, 20-year corporate bonds for $69,033,776 as an investment. The bonds have a face amount of $80 million and are priced to yield 4%. Interest is paid semiannually.

Prepare a partial amortization table at the effective interest rate on June 30 and December 31.(Round your intermediate calculations to the nearest dollar amount.)

Please calculate the cash interest received and bond interest revenue for June 30 and Dec 31. Thank you.

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