On December 31,2011,Bill's Hooks,Inc.issued $10,000 worth of 8% bonds at 88.The market rate of interest at the time of issue was 10%.These are 10-year bonds with interest paid annually at December 31.The company uses the effective-interest method to amortize the discount.For each item listed below,fill in the correct dollar amount in the column that represents the financial statement where the item will appear.Round amounts to the nearest penny.
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