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[The following information applies to the questions displayed below] On January 1, 2018, Splash City issues $430,000 of 8% bonds, due in 15 years, with
[The following information applies to the questions displayed below] On January 1, 2018, Splash City issues $430,000 of 8% bonds, due in 15 years, with interest payable semiannually on June and December 31 each year. Assuming the market interest rate on the issue te is 7%, the bonds will issue at $469,544. 2. value: Required Information 10.00 points Required: 1. Complete the first three rows of an amortization table. Date Cash Paid Expense Carrying Value InterestDecrease in Carrying lValue 6/30/18
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