Question: Suppose that Sony sold $ 9 6 0 , 0 0 0 , 5 - year, 7 % bonds on January 1 ,

Suppose that Sony sold \$960,000,5-year, 7\% bonds on January 1,2025 for \(\$ 935,000\). The company uses straight-line amortization. Complete the following bond amortization schedule for 2025 and 2026:
Suppose that Sony sold \ $ 9 6 0 , 0 0 0 , 5 -

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