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Shelia purchases $50,000 of newly issued Gingo Corporation bonds for $45,000. The bonds have original issue discount (OID) of $5,000. The OID amortization _________ her
Shelia purchases $50,000 of newly issued Gingo Corporation bonds for $45,000. The bonds have original issue discount (OID) of $5,000. The OID amortization _________ her interest income. After Shelia amortized $2, 300 of OID and held the bonds for four years, she sold the bonds for $48,000. Shelia has _______ of $
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