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Questo Question 1 3 points Patrick Company sold $960,000 of 6%, 20-year bonds at 96 on January 1, 2021. The bonds were dated January 1,

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Questo Question 1 3 points Patrick Company sold $960,000 of 6%, 20-year bonds at 96 on January 1, 2021. The bonds were dated January 1, 2021 and pay interest on June 30 and December 31. Patrick paid $80,000 in bond issue costs. Patrick uses the straight line amortization, the amount of interest expense for year 2021 would be O $63,520 550.600 $50.520 565,680 Moving to other ustion wil Lave this response Question Ces Wide

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