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Amortization of discount on bonds.

On January 1, 2007, marina Hospital issued a $250,000, 10 percent, 5 year bond for $231,601. Interest is payable on June 30 and December 31. Marina uses the effective interest method to amortize all premiums and discounts. Assuming an effective interest rate of 12 percent, approximately how discount will be amortized on December 31, 2007?

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