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RE RENT Vaughn Company sells 10% bonds having a maturity value of $1,300,000 for $1,205,280. The bonds are dated January 1, 2020, and mature January

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RE RENT Vaughn Company sells 10% bonds having a maturity value of $1,300,000 for $1,205,280. The bonds are dated January 1, 2020, and mature January 1, 2025. terest is say your 1. Set up a schedule of interest expense and discount mortisation under the straight line method. (Round answers to decimal placer. RS48.) Schedule of Discount Amortization Straight-Line Method Cash Interest Discount Year Paid Carrying Expense Amortized Amount of Bonds Jan 1, 2020 Jan 1, 2021 $130.000 5148.744 11.2014 Jan 1, 2022 $130.000 5148.744 144 51242.00 G Jan 1, 2023 $130.000 $148.744 516.740 $1,262512 Jan 1, 2024 $143.744 5130,000 $10.40 51.281256 Jan 1, 2025 $146.744 5130,000 $15.140 $1,200.000 * Show Work is REQUIRED for this question: Doen Show Work

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