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Warren Company issued $850,000 of 6%, 5-year bonds dated on January 1, 2020, for $890,800. Interest is paid semi-annually. What is the total amount of

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Warren Company issued $850,000 of 6%, 5-year bonds dated on January 1, 2020, for $890,800. Interest is paid semi-annually. What is the total amount of interest expense for the bonds for the year 2020, assuming straight-line amortization? Multiple Choice $59,160 O $51,000 O $50,660 O $42,840

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