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Problem 10-8A Marigold Corporation sold $2,170,000,8%,5-year bonds on January 1, 2017. The bonds were dated January 1, 2017, and pay interest on...

Problem 10-8A

Marigold Corporation sold $2,170,000, 8%, 5-year bonds on January 1, 2017. The bonds were dated January 1, 2017, and pay interest on January 1. Marigold Corporation uses the straight-line method to amortize bond premium or discount.

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