1. On June 1, 2017, Wilke Services issued $ 32 comma 000 of 10% bonds that mature in five years. The bonds were issued at a premium, for a total of $ 33 comma 440. The bonds pay semiannual interest payments on June 30 and December 31 of each year. On December 31, 2017, how much interest is paid to bondholders? (Round any intermediate calculations and your final answer to the nearest dollar.)

2.

Nancy and Betty enter into a partnership agreement where they decide to share profits according to the following rules:

(a) Nancy and Betty will receive salaries of

$ 1 comma 700$1,700

and

$ 11 comma 500$11,500

respectively as the first allocation.

(b) The next allocation is based on

1010%

of each partner's capital balances.

(c) Any remaining profit or loss is to be allocated completely to Betty.

The partnership's net income for the first year is

$ 50 comma 000$50,000.

Nancy's capital balance is

$ 89 comma 000$89,000

and Betty's capital balance is

$ 12 comma 000$12,000

as at the end of the year. Calculate the share of profit/loss to be allocated to Betty. (Round your answer to the nearest dollar.)

3. Pearland, Inc. has 13 comma 00013,000

shares of preferred stock outstanding. The preferred stock has a$ 130$130 par value, a 55%

dividend rate, and is noncumulative. If Pearland has sufficient funds to pay dividends, what is the total amount of dividends that will be paid out to preferred stockholders? (Round your answer to the nearest dollar.)