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On January 3, 2020, Carla Vista Company acquires $455000 of Metlock Company's 10-year, 10% bonds at a price of $482090 to yield 8%. Interest
On January 3, 2020, Carla Vista Company acquires $455000 of Metlock Company's 10-year, 10% bonds at a price of $482090 to yield 8%. Interest is payable each December 31. The bonds are classified as held-to-maturity. Assuming that Carla Vista Company uses the straight-line method, what is the amount of premium amortization that would be recognized in 2022 related to these bonds? $6933 O $6378 $2709 O $7490
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