Question: Please answer in proper format with all working Click Submit to complete the amendment Question 16 On Dec. 31, 2020, ABC Corp issued 4-year, 7%%

Please answer in proper format with all working

Click Submit to complete the amendment Question 16 On Dec. 31, 2020, ABC Corp issued 4-year, 7%% bonds with $2,000,000 as par value: ABC Corp. soonived $2,240,000 in cash. The bond interest is paid semuannually on china 10 and December 31 every year. Compute the following: Total bonds premium. Interest paid in cash semiannually. The Semiannual amortization amount of the bond premium. Total bonds interest expense over the 4 years

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