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Required information [The following information applies to the questions displayed below.) On January 1, 2021, Vacation Destinations issues $34 million of bonds that pay interest

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Required information [The following information applies to the questions displayed below.) On January 1, 2021, Vacation Destinations issues $34 million of bonds that pay interest semiannually on June 30 and December 31. Portions of the bond amortization schedule appear below. (1) (2) (3) (5) Cash Paid Interest (4) Increase in Carrying Value Carrying for interest Expense Date 1/1/2021 6/30/2021 12/31/2021 $1,190,000 1,190,000 $1,267,586 1,270,689 $77.586 80,689 Value $31,689,644 31, 767, 230 31, 847,919 6. What is the total cash paid for interest assuming the bonds mature in 10 years? (Enter your answer in dollars, not millions, (... $5.5 million should be entered as 5,500,000).) Totul cash interest

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