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On October 1, 2024HK Corporation issued 6%, 10-year bonds with a face value of $6130000 at 104 . Interest is paid on October 1 and
On October 1, 2024HK Corporation issued 6\%, 10-year bonds with a face value of $6130000 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 HK Corporation would be a. $171640. b. $85820. c. $183900. d. $367800
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