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Mult Choice: What amount should Marigold report as interest expense for the six months ended June?,
On January 1, 2017, Marigold Corp. sold to Ivanhoe Company $760000 of its 10% bonds for $672825 to yield 12%. Interest is payable semiannually on January 1 and July 1. What amount should Marigold report as interest expense for the six months ended June 30, 2017?
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