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On January 1 , when the market interest rate was 1 0 percent, Seton Corporation completed a $ 1 1 0 , 0 0 0

On January 1, when the market interest rate was 10 percent, Seton Corporation completed a $110,000,9 percent bond issue for $103,237. The bonds pay interest each December 31 and mature in 10 years. Assume Seton Corporation uses the effective-interest method to amortize the bond discount.Prepare a bond discount amortization schedule for these bonds. (Do not round intermediate calculations. Round your answers to the nearest whole dollar.)

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