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Required information [The following information applles to the questions displayed below] Hillside issues $4,000,000 of 6%,15-year bonds dated January 1,2021 , that pay interest semiannually

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Required information [The following information applles to the questions displayed below] Hillside issues $4,000,000 of 6%,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 $3,456,448. Complete the below table to calculate the total bond interest expense to be recognized over the bonds' life. Prepare the first two years of a straight-line amortization table. Note: Round your intermediate and final answers to the nearest whole dollar

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