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Required information [The following information applies to the questions displayed below.) Hillside issues $1,600,000 of 9%, 15-year bonds dated January 1, 2021, that pay

Required information [The following information applies to the questions displayed below.) Hillside issues $1,600,000 of 9%, 15-year bonds dated January 1, 2021, that pay interest semiannually on June 30 and December 31 The bonds are issued at a price of $1,958,394.

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