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Wildhorse Company purchased $ 1 3 5 0 0 0 0 of 1 1 % bonds of Blossom Company on January 1 , 2 0
Wildhorse Company purchased $ of bonds of Blossom Company on January paying $ The bonds mature on January ; interest is payable each July and Januar The discount of $ provides an effective yield of Wildhorse uses the effectiveinterest method and plans to hold these bonds to maturity. For the year ended December Wildhor should report interest revenue from the Blossom Company bonds of:
$
$
$
$
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