QUESTION 4 An advantage of issuing bonds payable to finance a plant expansion (rather than common stock) is that: bond interest is tax deductible all of the above. common shareholders retain their same percentage of ownership earnings per share may be higher QUESTION 5 On July 1, 2022, Entity A purchased a copyright for training manuals for $210,000. It is estimated that the copyright will have a useful life of 5 years though it has a legal life of 30 years. The amount of amortization expense recognized for the year 2022 would be 542,000 $7,000 $3,500. $21,000