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[The following information applies to the questions displayed below. On January 1, 2018, white water issues $600,000 of 7% bonds, due in 10 years, with
[The following information applies to the questions displayed below. On January 1, 2018, white water issues $600,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year Assuming the market interest rate on the issue date is 8%, the bonds will issue at $559,229. value: 1.25 points Required: 1. Complete the first three rows of an amortization table. Date Cash Interest Increase in Carrying Expense Carrying Value Value Date Cash Paid 6/30/18S 300,000 12/31/18 300,000
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