Question: what is the answer Question 3 1 points Save Answer On January 1, a company issued a $501,000, 10%, 8-year bond payable, and received proceeds

what is the answer

Question 3 1 points Save Answer On January 1, a company issued a $501,000, 10%, 8-year bond payable, and received proceeds of $487,000. Interest is payable each June 30 and December 31. The company uses the straight-line method to amortize the discount. The amount of discount amortized each period is $13,000 $812.50 $875 $812

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