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On January 1, Wildhorse inc issued $5100000,9% bonds for $4788900. The market rate of interest for these bonds is 10%. Interest is payable annually on

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On January 1, Wildhorse inc issued $5100000,9% bonds for $4788900. The market rate of interest for these bonds is 10%. Interest is payable annually on December 31 . Wildhorse uses the effective-interest method of amortizing bond discount. At the end of the first year, Wildhorse should report unamortized bond discount of $291210.$279993.$260093.$263243

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