Question: The below information will be used for the next two questions. A Company issued a bond payable with detachable warrants on January 1,201 as follows.

The below information will be used for the next two questions.

The below information will be used for the next two questions. A Company issued a bond payable with detachable warrants on January 1,201 as follows. All bonds are interest due annually with the bond due at maturity. 1 warrant =1 share of $1 par value stock What is interest expense in 20X1? Numeric Response

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