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On January 1, Hudson Corporation issues $500,000, 8%, 5-year bonds at 106. Assuming the straight-line...

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Accounting

On January 1, Hudson Corporation issues $500,000, 8%, 5-year bonds at 106. Assuming the straight-line amortization method is used and interest is paid annually, how much bond interest expense is recorded on the next interest date?

a 6000

b 34000

c 46000

d 40000

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