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What is the Bond Interest Expense on the Income Statement

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Question - On January 2, 2020, $184,709 in 11 year, 7% bonds with a market interest rate of 9%, and interest payable semiannually, were issued for $237,905.  On June 30, bond interest was paid. On December 31, the corporation showed an after tax Net Income of $52,502. On December 31, bond interest was paid; and dividends were declared and paid. What is the Bond Interest Expense on the Income Statement on December 31, 2020?

Reference no: EM132736603

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