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On January 1, a compony issued and sold a $440,000, 6%, 10-year bond payable and received proceeds of $434,000. Interest is payable each June 30

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On January 1, a compony issued and sold a $440,000, 6%, 10-year bond payable and received proceeds of $434,000. Interest is payable each June 30 and December 31. The company uses the straight-line method to amortize the discount. The carrying value of the bonds immediately after the second interest payment is Multiple Choice $440,000. O $439,700. $434,600. O $433,700. ET $434,300

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