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On January 1,2020,$11600000, 5 -year, 10% bonds, were issued for $12296000. Interest is paid annually on January 1 . If the issuing corporation uses the

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On January 1,2020,$11600000, 5 -year, 10% bonds, were issued for $12296000. Interest is paid annually on January 1 . If the issuing corporation uses the straight-line method to amortize premium on bonds payable, the monthly amortization amount is $102463.$139200.$13920.$11600

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