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On July 1, Mark Co. issued $3,000,000 of 10-year, 8% bonds at par. Interest on the bonds is payable semi-annually on December 31 and June

On July 1, Mark Co. issued $3,000,000 of 10-year, 8% bonds at par. Interest on the bonds is payable semi-annually on December 31 and June 30. On payment of interest, net assets of the company _____. Group of answer choices remains unaffected increase by $240,000 decrease by $120,000 decrease by $150,000

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