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[The following information applies to the questions displayedbelow.]As of December 31, 2022, Sandy Beach had $9,700,000 in 5.5 percentserial bonds outstanding. Cash of $499,000 is

[The following information applies to the questions displayedbelow.]As of December 31, 2022, Sandy Beach had $9,700,000 in 5.5 percentserial bonds outstanding. Cash of $499,000 is the debt service 2 answers

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