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On November 1 , 2 0 2 4 , Cleveland Services issued $ 3 0 7 , 0 0 0 of five - year bonds
On November Cleveland Services issued $ of five year bonds with a stated rate of The bonds were issued at par, and Cleveland makes semiannual payments on April and October On December Cleveland made an adjusting entry to accrue interest at year end. No further entries were made until April when the first payment was made. What amount of interest expense was recorded for the period of January to April Do not round any intermediate calculations, and round your final answer to the nearest dollar.
A $
B $
C $
D $
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