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please show work 4. A company issues $16,700,000, 5.8%, 20-year bonds to yield 6% on January 1, 2018. Interest is paid on June 30 and

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4. A company issues $16,700,000, 5.8%, 20-year bonds to yield 6% on January 1, 2018. Interest is paid on June 30 and December 31. The proceeds from the bonds are $16,313,983. Using effective- interest amortization, how much interest expense should be recognized on the income statement for the year ended 12/31/2019. Answer . (Answer should be whole dollars, no commas)

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