Question: Let's assume that on January 1st, 1st, Smart Touch Learning issues 100,000 10-year bonds at a rate of 6% paid semi-annually at 105%. What is

Let's assume that on January 1st, 1st, Smart Touch Learning issues 100,000 10-year bonds at a rate of 6% paid semi-annually at 105%. 

What is the amount of interest expense recorded for each interest period using the straight-line depreciation method?

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