Question: Can you answer the question as soon as possible? Crane Corporation issues $504,000 of 7%,5-year bonds on January 1,2022 , at 105 . Assuming that
Can you answer the question as soon as possible?

Crane Corporation issues $504,000 of 7%,5-year bonds on January 1,2022 , at 105 . Assuming that the straight-line method is used to amortize the premium, what is the total amount of interest expense for 2022? Total amount of interest expense $
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