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please can you explain it properly how to solve it. A company issues $5,000,000,7.8%,20-year bonds to yield 8% on January 1,2019 . Interest is paid

please can you explain it properly how to solve it. image text in transcribed
A company issues $5,000,000,7.8%,20-year bonds to yield 8% on January 1,2019 . Interest is paid on June 30 and December 31 . The proceeds from the bonds are $4,505,180. Using straight-line amortization, 1. What is the carrying value of the bonds on December 31,2021 ? 2. What is interest expense in 2021

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