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On October 1, 2024 Crane Corporation issued 6%, 10-year bonds with a face value of $6030000 at 104. Interest is paid on October 1

On October 1, 2024 Crane Corporation issued 6%, 10-year bonds with a face value of $6030000 at 104. Interest is paid on October 1 and April 1, with any premium or discount amortized on a straight-line basis. Bond interest expense reported on the December 31, 2024 income statement of Crane Corporation would be $168840. $90450. $96480. $84420.

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