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Lyndhurst Company, Inc., issued convertible bonds in the past and is considering a cash incentive to the bondholders as an inducement to convert the debt into equity shares.How should Lyndhurst Company, Inc. account for these incentive payments to its bondholders? Enter your response in the answer fields below. Guidance on correctly structuring your response appears above and below the answer fields.Type the topic here. Correctly formatted FASB ASC topics are 3 digits.
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