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Question 6 4 pts BetaMax Forever Corporation issues $35,000,5%, 4-year bonds on January 1 at a discount for 534.200 Interest is paid semiannually on January

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Question 6 4 pts BetaMax Forever Corporation issues $35,000,5%, 4-year bonds on January 1 at a discount for 534.200 Interest is paid semiannually on January 1 and July 1. If Franklin uses the straight-line method of amortization of bond discount, the amount of bond interest expense to be recognized on July 1 the first interest payment is $ 800 $ 975 $1,000 $ 875

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