Question: Suppose that Pharoah issued $ 5 , 1 4 0 , 0 0 0 of 6 % , 1 0 - year bonds on January

Suppose that Pharoah issued $5,140,000 of 6%,10-year bonds on January 1,2025 for $4,450,200 to yield an effective annual rate of 8%. The effective-interest method of amortization is to be used. Complete the bond amortization schedule for 2025 and 2026:
Suppose that Pharoah issued $ 5 , 1 4 0 , 0 0 0

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