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Required information Problem 14-4A Straight-Line: Amortization of bond discount LO P2 [The following information applies to the questions displayed below.) Legacy issues $590,000 of 7.5%,

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Required information Problem 14-4A Straight-Line: Amortization of bond discount LO P2 [The following information applies to the questions displayed below.) Legacy issues $590,000 of 7.5%, four-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $542,310 when the market rate is 10%. Problem 14-4A Part 3 5. Prepare a straight-line amortization table for the bonds' first two years. Carrying Value Semiannual Period- Unamortized End Discount 01/01/2019 06/30/2019 12/31/2019 06/30/2020 12/31/2020

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