Question: On January 1 , 2 0 1 9 , Hackman Corporation issued $ 1 , 3 5 0 , 0 0 0 face value 8

On January 1,2019, Hackman Corporation issued $1,350,000 face value 8% bonds dated January 1,2019, for $1,366,900. The bonds pay interest semiannually on June 30 and December 31 and are due December 31,2023. Hackman uses the straight-line amortization method.

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