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Tamarisk, Inc., redeemed $268,000 face value, 14.0% bonds on June 30, 2017, at 95. The carrying value of the bonds at the redemption date was

Tamarisk, Inc., redeemed $268,000 face value, 14.0% bonds on June 30, 2017, at 95. The carrying value of the bonds at the redemption date was $290,071. The bonds pay annual interest, and the interest payment due on June 30, 2017, has been made and recorded.

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