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Junction beacons indicate:

  1. The left side of a channel

  2. An isolated danger

  3. Where the waterway splits into two channels

  4. The right side of a channel

The correct answer is: Where the waterway splits into two channels

Junction beacons are used to indicate where a waterway splits into two channels. Option A is incorrect because it refers to the left side of a channel, which would be indicated by a lateral beacon instead. Option B is incorrect because it refers to an isolated danger, which would be indicated by a special mark. Option D is incorrect because it refers to the right side of a channel, which would be indicated by a lateral beacon as well. So, the only correct option is C where the waterway splits into two channels. This is important for boaters to know so they can navigate safely and accurately.