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On January 1,2023 , Larkspur Inc, sold 14% bonds having a maturity value of $720,000 for $771,912, which provides the bondholders with a 12% yield.

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On January 1,2023 , Larkspur Inc, sold 14% bonds having a maturity value of $720,000 for $771,912, which provides the bondholders with a 12% yield. The bonds are dated January 1,2023 , and mature on January 1,2028 , with interest payable on January 1 of each year. The company follows IFRS and uses the effective interest method. Prepare a schedule of interest expense and bond amortization for 2023 through 2026. (Round answers to 0 decimal places, e.g. 5,275

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