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On January t a company issued and sold a S470.0003% 10-year bond payable, and received proceeds of $464,000 Interest is payable each June 30 and

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On January t a company issued and sold a S470.0003% 10-year bond payable, and received proceeds of $464,000 Interest is payable each June 30 and December 31 The company uses the straight-line method to amortize the discount The carrying value of the bonds immediately after the first interest payment is Multiple Choice $470.300 9470,000 463700 469700 $464300

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