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Southlake Corporation issued $900,000 of 8% bonds on March 1, 20X1. The bonds pay interest on March 1 and September 1 and mature in 10 years. Assume the independent cases that follow.
Case A The bonds are issued at 100.Case B The bonds are issued at 96.Case C The bonds are issued at 105.Southlake uses the straight-line method of amortization.
Instructions:Complete the following table:
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