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The Square Foot Grill, Incorporated issued $171,000 of 10-year, 6 percent bonds on January 1, Year 2, at 102. Interest is payable in cash annually

The Square Foot Grill, Incorporated issued $171,000 of 10-year, 6 percent bonds on January 1, Year 2, at 102. Interest is payable in cash annually on December 31. The straight-line method is used for amortization

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