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On October 1, 2015, Redoubtable Corp. issued 596, 10-year bonds with a face value of $3,000,000 at 104%. On October 1 and April 1, interest
On October 1, 2015, Redoubtable Corp. issued 596, 10-year bonds with a face value of $3,000,000 at 104%. On October 1 and April 1, interest is paid. Any premiums or discounts are amortized on a straight-line basis. If you were preparing Redoubtable Corporation's income statement for December 31, 2015, what bond interest expense would you report? $36,600 O$41,300 $68,000 O$34,500
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