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Please help 30 3/ 38 39 40 41 42 43 44 45 46 47 48 49 50 46 On March 1, Wag City issued $1,000,000,

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30 3/ 38 39 40 41 42 43 44 45 46 47 48 49 50 46 On March 1, Wag City issued $1,000,000, 10-year, 6% general obligation bonds at par with no bond issue costs. The bonds pay interest September 1 and March 1. What amount of interest expense and bond interest payable should Wag report in its government-wide financial statements at the close of the fiscal year on December 31? Interest expense, $50,000; interest payable, $0. Interest expense, $50,000; interest payable, $20,000. Interest expense, $60,000; interest payable, $10,000. Interest expense, $30,000; interest payable, $0

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