On April 1,Braintree Corporation Issued 10%,10-Year,$600,000 Bonds at 106

question 28

Multiple Choice

On April 1,Braintree Corporation issued 10%,10-year,$600,000 bonds at 106.Interest dates are April 1 and October 1.The amount of cash paid out for interest during the current calendar year is:

• A)$0.
• B)$15,000.
• C)$30,000.
• D)$31,000.

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