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On January 1,2021 , a company issues 3 -year bonds with a face value of $160,000 and a stated interest rate of 7%. Because the

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On January 1,2021 , a company issues 3 -year bonds with a face value of $160,000 and a stated interest rate of 7%. Because the market interest rate is 5%, the company recelves $168,714 for the bonds. Required: Fill in the table assuming the company uses effective-interest bond amortization. (Round your answers to the nearest whole dollar.)

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