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Sunland company received proceeds of $533000 on 10 year, 8% bonds issued on January 1, 2016. the bonds have a face value of $500000, hey
Sunland company received proceeds of $533000 on 10 year, 8% bonds issued on January 1, 2016. the bonds have a face value of $500000, hey interest annually on December 31st and have a call price of 104. Sun land uses the straight-line method of amortization. what is amount of Interest expense sunland will show with relation to these bonds for the year ended December 31st 2017
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