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PLEASE SHOW ANSWER IN FULL on January 1 of the current year, the Barton Corporation issued 11% bonds with a face value of $61,000. The

PLEASE SHOW ANSWER IN FULL
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on January 1 of the current year, the Barton Corporation issued 11% bonds with a face value of $61,000. The bonds are sold for $59,170. The bonds pay interest semiannually on June 30 and December 31 and the maturity date is December 31, five years from now. Barton records straight-line amortization of the bond discount. The bond interest expense for the year ended December 31 is Oa76 Ob. 51.430 Oc. 3559 Od 56710

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