1,

A company's depreciation expense is $15,000. Its beginning inventory balance is $134,000 and ending balance for the year is $145,000 respectively. What is the cash paid for depreciation:

2, On January 1, 2017, Surreal Manufacturing issued 680 bonds, each with a face value of $1,000, a stated interest rate of 3.50 percent paid annually on December 31, and a maturity date of December 31, 2019. On the issue date, the market interest rate was 4.00 percent, so the total proceeds from the bond issue were $670,567. Surreal uses the effective-interest bond amortization method.

Required:

1. finish a bond amortization schedule.(Round your final answers to the nearest whole dollar.)

On January 1, 2017, Surreal Manufacturing issued 680 bonds, each with a face value of $1,000, a stated interest rate of 3.50 percent paid annually on December 31, and a maturity date of December 31, 2019. On the issue date, the market interest rate was 4.00 percent, so the total proceeds from the bond issue were $670,567. Surreal uses the effective-interest bond amortization method. Required: 1. Prepare a bond amortization schedule. (Round your final answers to the nearest whole dollar.) Changes During the Period Ending Bond Liability Balances Period Ended Interest Expense Cash Paid Discount Amortized Bonds Payable Discount on Bonds Payable Carrying Value 01/01/17 12/31/17 26,822 23,800 3,022 12/31/18 26,943 23,800 3,143 12/31/19 27,068 23,800 3,268