Question: Current Attempt in Progress A corporation issues $ 3 2 0 0 0 0 , 9 % , 5 - year bonds on January 1

Current Attempt in Progress
A corporation issues $320000,9%,5-year bonds on January 1,2025, for $304000. Interest is paid annually on January 1. If the
corporation uses the straight-line method of amortization of bond discount, the amount of bond interest expense to be recognized in
December 31,2025's adjusting entry is
$28800.
$3200.
$32000.
$25920.
Current Attempt in Progress A corporation issues $320000,9%,5-year bonds on January

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