Aragon Corporation issues CHF2,000,000, 6%, 5-year bonds on January 1, 2014, for CHF2,025,000. Interest is paid annually on January 1. If Aragon uses the straight-line method to amortize bond discount and premium, the amount of bond interest to be accrued at December 31, 2014 is

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The Answer of Aragon Corporation issues CHF2,000,000, 6%, 5-year bonds on January 1, 2014, for CHF2,025,000. Interest is paid annually on January 1. If Aragon uses the straight-line method to amortize bond discount and premium, the amount of bond interest to be accrued at December 31, 2014 is

Aragon Corporation Issues CHF2,000,000, 6%, 5-Year Bonds on January 1