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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 $600,000 of 70%,

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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 $600,000 of 70%, four year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $541,807 when the market rate is 10% Problem 14-4A Part 2 2. Determine the total bond interest expense to be recognized over the bonds' life. Total bond interest expense over life of bonds! Amount repaid payments of Par value at matanty Totalrepaid Less amount borrowed Total bond interest expense 0 $ 0

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