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The following information was disclosed in the Debt footnote to the financial statements of Cal-Tex Company for the year ended December 31, 2012:
Debt. The following table summarizes the long-term debt of the Company at December 31, 2012. All of the notes were issued at their face (maturity) value.
7.25% notes due 2013
$201,335,000
7.75% notes due 2020
$345,154,000
8% notes due 2030
$225,000,000
7.65% notes due 2038
$200,000,000
6.50% notes due 2014
$ 25,000,000
Required:
Assuming that the notes pay interest annually and mature on December 31 of the respective years, compute the total interest payments in 2013 for these notes.
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