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On January 1,2003,$1,000,000,5-year, 10% bonds, were issued for $970,000. Interest is paid semiannually on January 1 and July 1 . If the issuing corporation uses

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On January 1,2003,$1,000,000,5-year, 10% bonds, were issued for $970,000. Interest is paid semiannually on January 1 and July 1 . If the issuing corporation uses the straightline method to amortize discount on bonds payable, the monthly amortization amount is Select one: a. $5,808. b. $6,000 c. $484. d. $500. Clear my choice

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