What is the total amount of interest expense for the bonds

Reference no: EM133661726

Warren Company issued $900,000 of 8%, 5-year bonds dated January 1, 20X1, for $916,000. Interest is paid on January 1 and July 1. What is the total amount of interest expense for the bonds for 20X1, using the straight-line method of amortization?

Reference no: EM133661726

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