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McClaton Corporation issued $100.100 of 10%, 9-year bonds payable on January 1 2017 for S92...

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McClaton Corporation issued $100.100 of 10%, 9-year bonds payable on January 1 2017 for S92 680. The market interest rate when the bonds were issued was 12%, Interest is paid se effective interest amortzation method, how much interest expense will McClaton record on July 1, 2017? annually on January 1 and July 1. The st interest a ent is July 1, 2017 Using 1 DA. $6.006 OB. $5,233 OC. $6,778 OD. $5,005 OE. S5561

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