Business, 20.02.2020 22:50 TimothyYash9403
On January 1, 2021, Bramble Corp. issued its 10% bonds in the face amount of $8120000, which mature on January 1, 2031. The bonds were issued for $9209688 to yield 8%, resulting in bond premium of $1089688. Bramble uses the effective-interest method of amortizing bond premium. Interest is payable annually on December 31. At December 31, 2021, Bramble's adjusted unamortized bond premium should be?
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