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Question 18 Blossom Company received proceeds of $1025000 on 10-year, 8% bonds issued on January 1, 2019. The bonds had a face value of $1088000,

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Question 18 Blossom Company received proceeds of $1025000 on 10-year, 8% bonds issued on January 1, 2019. The bonds had a face value of $1088000, pay interes annually on December 31, and have a call price of 102. Blossom uses the straight-line method of amortization. What is the amount of interest expense Blossom will show with relation to these bonds for the year ended December 31, 20207 O $82000 $93340 $80740 $87040

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