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On January 1,2025,$3700000, 5-year, 10% bonds, were issued for $3820000. Interest is paid annually on January 1 . If the issuing corporation uses the straight-line

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On January 1,2025,$3700000, 5-year, 10% bonds, were issued for $3820000. 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 $2400$2000$31833$24000

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