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Required information [The following information applies to the questions displayed below.] Super Splash issues $960,000, 8% bonds on January 1, 2021, that mature in 15
Required information [The following information applies to the questions displayed below.] Super Splash issues $960,000, 8% bonds on January 1, 2021, that mature in 15 years. The market interest rate for bonds of similar risk and maturity is 7%, and the bonds issue for $1,048,282. Interest is paid semiannually on June 30 and December 31 Required: 1. Complete the first three rows of an amortization schedule. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar.) Change in Carrying Value Carrying Value Interest Date Cash Paid Expense 01/01/2021 06/30/2021 12/31/2021
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