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On January 1, FY1, Giamartino, Inc. issues a 3 year bond with a face value of $100,000 for $96,000. Interest is paid semiannually. Bond issue

On January 1, FY1, Giamartino, Inc. issues a 3 year bond with a face value of $100,000 for $96,000. Interest is paid semiannually. Bond issue costs were $1,000. Record the bond issuance. Please show work.

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