1. Examination of supplies indicates that $1,800 of supplies are still available on March 31. 2. One year of insurance coverage was purchased on January 1, for $1,800 cash. 3. The building and equipment (purchased on January 1) will be depreciated evenly over the useful lives of 30 years and 8 years, respectively. 4. $480 of the $1,080 in Deferred Service Revenue relates to service obligations to be performed after March 31. 5. Annual interest on the note payable is 8%. Interest is due in one year upon the maturity of the note. The note was issued on January 1. 6. Utilities for March of $480 have been incurred but not yet paid. 7. At the end of March, the company provided a new service to customers for in-home assessments. The company will bill customers $360 in April for services performed in March. 8. Additional general ledger accounts, currently with a zero balance, are:

Cansider three bonds with 6.005 coupon rates, all making annual coupon poyments and all selling at face vatue, The shortiterm bond a. What will be the price of the 4-year bond if its yield increases to 700 ? (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. What will be the price of the 8 yoar bond if its yieid increases to 7.00% ? (Do not round intermediate calculations. Round your answer to 2 decimal places.) c. What will be the price of the 30 -year bond if its yield increases to 7.00% (Do not round intermediate calculations. Round your answer to 2 decimal places.) d. What will be the price of the 4 -year bond if its yield decreases to 5.00% (Do not round intermediate calculations. Round your answer to 2 decimal places.) e. What will be the price of the 8 -year bond if its yield decreases to 5.00% ? (Do not round intermediate calculations. Round your answer to 2 decimal places.) f. What will be the price of the 30 -year bond if its yicld decreases to 5.00% (Do not round intermediate calculations. Round your answer to 2 decimal places.) 9. Comparing your answers to parts (a), (b), and (c), are long-torm bonds more or loss affected than short-term bonds by a rise in nterest rates? 1. Comparing your answers to parts (d), (o), and (f), are long-term bonds more or less affected than short-term bonds by a decline terest rates? Cansider three bonds with 6.005 coupon rates, all making annual coupon poyments and all selling at face vatue, The shortiterm bond a. What will be the price of the 4-year bond if its yield increases to 700 ? (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. What will be the price of the 8 yoar bond if its yieid increases to 7.00% ? (Do not round intermediate calculations. Round your answer to 2 decimal places.) c. What will be the price of the 30 -year bond if its yield increases to 7.00% (Do not round intermediate calculations. Round your answer to 2 decimal places.) d. What will be the price of the 4 -year bond if its yield decreases to 5.00% (Do not round intermediate calculations. Round your answer to 2 decimal places.) e. What will be the price of the 8 -year bond if its yield decreases to 5.00% ? (Do not round intermediate calculations. Round your answer to 2 decimal places.) f. What will be the price of the 30 -year bond if its yicld decreases to 5.00% (Do not round intermediate calculations. Round your answer to 2 decimal places.) 9. Comparing your answers to parts (a), (b), and (c), are long-torm bonds more or loss affected than short-term bonds by a rise in nterest rates? 1. Comparing your answers to parts (d), (o), and (f), are long-term bonds more or less affected than short-term bonds by a decline terest rates