Question: please help, if dont know it, DO NOT do it. Question 24 (3.125 points) Listen On January 1, 2012, $1,000,000, 20-year, 10% bonds, were issued

please help, if dont know it, DO NOT do it.

Question 24 (3.125 points) Listen On January 1, 2012, $1,000,000, 20-year, 10% bonds, were issued for $970,000. Interest is paid annually on January 1. If the issuing corporation uses the straight-line method to amortize discount on bonds payable, the monthly amortization amount is 1) $3,000 2) $9,700 3) $250 4) $125

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