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Question 8 .5 pts On April 1 of the current year, Kate Corp. issued $93,000 of 8% bonds payable at par with interest payment

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Question 8 .5 pts On April 1 of the current year, Kate Corp. issued $93,000 of 8% bonds payable at par with interest payment dates of March 1 and September 1. In its income statement for the current year ended December 31, what amount of interest expense should Kate report? wered 4,960 nswer 5,580 margin of error +/- 1

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