Question: Current Attempt in Progress Your answer is incorrect. Wildhorse Corporation issues $488,000 of 7 %, 5-year bonds on January 1, 2022, at 105. Assuming

Current Attempt in Progress Your answer is incorrect. Wildhorse Corporation issues $488,000

Current Attempt in Progress Your answer is incorrect. Wildhorse Corporation issues $488,000 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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