Question: Thank you! Please show the calculations. Multiple Choice Question 71 A company issues $25150000, 5.8%, 20-year bonds to yield 6% on January 1, 2017, Interest

Thank you! Please show the calculations.

Multiple Choice Question 71 A company issues $25150000, 5.8%, 20-year bonds to yield 6% on January 1, 2017, Interest is paid on June 30 and December 31. The proceeds from the bonds are $24568660. Using effective-interest amortization, how much interest expense will be recognized in 2017? $729350 $1458700 $1474351 $1474144

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