Question: Question 9 (2.5 points) The following data is used for THREE questions. (1 of 3) Salley Company issues $5,000,000 face value, 6%, 10-year bonds payable

 Question 9 (2.5 points) The following data is used for THREE

Question 9 (2.5 points) The following data is used for THREE questions. (1 of 3) Salley Company issues $5,000,000 face value, 6%, 10-year bonds payable on January 1, 2020. Interest is paid semi-annually each June 30 and December 31. The bonds sell at $5,100,000. Salley uses the straight-line method of amortizing bond discount or premium. The amount of discount or premium to be amortized each interest period would be: $10,000 $6,000. $5,000 o so

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