What is amount of interest expense sunland will show

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Reference no: EM132001816

Sunland company received proceeds of $533000 on 10 year, 8% bonds issued on January 1, 2016. the bonds have a face value of $500000, hey interest annually on December 31st and have a call price of 104. Sun land uses the straight-line method of amortization.

What is amount of Interest expense sunland will show with relation to these bonds for the year ended December 31st 2017.

Reference no: EM132001816

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