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Question 25 of 30 -13 View Policies Current Attempt in Progress A corporation issues $399000, 10%, 5-year bonds on January 1, 2020, for $382200. Interest

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Question 25 of 30 -13 View Policies Current Attempt in Progress A corporation issues $399000, 10%, 5-year bonds on January 1, 2020, for $382200. Interest is paid annually on January 1. If the corporation uses the straight-line method of amortization of bond discount, the amount of bond interest expense to be recognized in December 31, 2020's adjusting entry is O $36540 $43260 O 53360 O $39900 Save for Lates Attempts:0 of 1 used Submit

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