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Sheffield Company received proceeds of $ 1 4 1 0 0 0 on 1 0 - year, 6 % bonds issued on January 1 ,
Sheffield Company received proceeds of $ on year, bonds issued on January The bonds had a face value of
$ pay interest annually on December and have a call price of Sheffield uses the straightline method of amortization.
What is the amount of interest Sheffield must pay the bondholders in
$
$
$
$
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