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Rupert Corporation issued $ 1 0 0 , 0 0 0 of 2 0 year, 6 % bonds at 9 8 on one of its

Rupert Corporation issued $100,000 of 20 year, 6% bonds at 98 on one of its semi-annual interest dates. Straight line method of amortization is to be used.
How much interest expense is recorded on the next interest date?
$3,000
$6,000
$3,050
$6,050

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