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presente Ivanhoe Company issued $5200000 of 6%, 10-year bonds on one of its interest dates...

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Accounting

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presente Ivanhoe Company issued $5200000 of 6%, 10-year bonds on one of its interest dates for $4491000 to yield an effective annual rate of 8%. The effective-interest method of amortization is to be used. How much bond interest expense (to the nearest dollar) should be reported on the income statement for the end of the first year? rer me d 520 meters to be an ane arte interest dates for sa90 to vaxt an afective animual cate of %. The selective Interest method of amortization is to be used. How much bond interest expense (to the nearest dollar) should $358333 $360224 $312000 $359280

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