Calculate the amount of bond discount

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Problem 1: On June 1, 2019 Adelphi Corporation issued $200,000 of 6%, 5-year bonds. The bonds which were issued at 98, pay interest on January 1 and June 1. Use this information to calculate the amount of bond discount or premium that is amortized with each interest payment. Enter as a whole number (no cents).

Reference no: EM132885493

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