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07 5 2 orite Sikes Corporation, whose annual accounting period ends on December 31, issued the following bonds Date of bonds: January 1 2021 Maturity

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07 5 2 orite Sikes Corporation, whose annual accounting period ends on December 31, issued the following bonds Date of bonds: January 1 2021 Maturity amount and date: 5300.000 due in 10 years (December 31, 2030) Interest 10 percent per year payable each December 31 Date issued January 1 2021 Required: 1. For each of the three Independent cases that follow provide the amounts to be reported on the January 1, 2021 financial statements immediately after the bonds are issued TIP See Exhibit 106 for an lllustration distinguishing Bonds Payable from their carrying value (Deductions should be indicated by a minus sign) January 1, 2021 -Financial statements Case wete Cone (AT 1001 5 300,000 $ Catec LAT (AT 1011 300.000 s 300.000 Bonds payable b Urano prenum for discount) Carry S 300.000

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