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Exercise 17-5 (Part Level Submission) On January 1, 2017, Metock Company acquires $140,000 of Spiderman Products, Inc., 10% bonds at a price of $136,579. Interest is received on January 1 of each year, and the bonds mature on January 1, 2020. The investment will provide Metlock Company a 11% yield. The bonds are classified as held to maturity▼ (b) Prepare a 3-year schedule o interest revenue and bond discount amortization, app ying he e ective-interest me od Run ansı ers 0 decima places. e.g 2 Schedule of Interest Revenue and Bond Discount Amortization Effective-Interest Method Bond Purchased to Yield Interest Bond Discount Carrying Amount Revenue Amortization Cash Date Received of Bonds 1/1/20 SHOW LIST OF ACCOUNTS LINK TO TEXT

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