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Accounting

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On January 1, when the market interest rate was 9 percent, Seton Corporation completed a $290,000,8 percent bond issue for $271,387. The bonds pay interest each December 31 and mature in 10 years. Assume Seton Corporation accounts for the bond using the simplified effective-interest method.
Prepare a bond discount amortization schedule for these bonds. (Do not round intermediate calculations. Round your answers to the nearest whole dollar.)

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