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Question 19 (7.4 points) On January 1, 2020, $3,000,000, 10-year, 10% bonds, were issued for $2.910,000. Interest is paid annually on January 1. If the

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Question 19 (7.4 points) On January 1, 2020, $3,000,000, 10-year, 10% bonds, were issued for $2.910,000. Interest is paid annually on January 1. If the issuing corporation uses the straight line method to amortize discount on bonds payable, the monthly amortization amount is 1) $29,100 2) $9,000 3) $2,424. 04) $750

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