On January 1, Year 1, Dixon Company issued bonds with a $50,000 face value at 104 The bonds have a 10 year term and a 8 stated rate of interest Interest is payable in cash on December 31 of each year Assuming straight line amortization, the recognition of interest expense on December 31, Year 1 reduces cash by $ and increases expenses by $ (Enter your answer as a whole number) On January 1, Year 1, Doxon Company issued bonds with a $50,000 face value at 104 The bonds have a 10 year term and a 8 stated rote of interest interest is poyable in cash on December 31 of each yeor Assuming straight tine amortization, the recognition of interest expense on December 31 , Year 1 reduces cosh by 3 ond increases expenses bys (Enter your onswer os o whole numbed)

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On January 1, Year 1, Dixon Company issued bonds with a $50,000 face value at 104  The bonds have a 10 year term and a 8  stated rate of interest  Interest is payable in cash on December 31 of each year  Assuming straight line amortization, the recognition of interest expense on December 31, Year 1 reduces cash by $ and increases expenses by $ (Enter your answer as a whole number) On January 1, Year 1, Doxon Company issued bonds with a $50,000 face value at 104   The bonds have a 10 year term and a 8  stated rote of interest interest is poyable in cash on December 31 of each yeor  Assuming straight tine amortization, the recognition of interest expense on December 31 , Year 1 reduces cosh by 3 ond increases expenses bys (Enter your onswer os o whole numbed)

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On January 1, Year 1, Dixon Company issued bonds with a $50,000 face value at 104. The bonds have a 10 year term and a

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