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Required information The following information applies to the questions displayed below. Duval Co. Issues four-year bonds with a $115,000 par value on January 1, 2019,
Required information The following information applies to the questions displayed below. Duval Co. Issues four-year bonds with a $115,000 par value on January 1, 2019, at a price of $110.888. The annual contract rate is 7%, and interest is paid semiannually on June 30 and December 31 1. Prepare a straight-line amortization table for these bonds (Round your answers to the nearest dollar amount.) Semiannual Period End 1/01/2019 6/30/2019 12/31/2019 6/30/2020 Unamortized Discount $ 4,112 3.598 3.084 12312020 6.30 2021 12312021
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