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Webster Company Issues $1,000,000 Face Value, 6%, 5-Year Bonds Payable

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Webster Company issues $1,000,000 face value, 6%, 5-year bonds payable on 31 December 2013. Interest is paid semiannually each 30 June and 31 December. The bonds sell at a price of 97; Webster uses the straight-line method of amortizing bond discount or premium.
-The amount of bond interest expense recognized by Webster Company in 2013 with respect to these bonds is:


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