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17 0 23 15 cm 9 Sunset Drive-Ins borrowed money by issuing $4,500,000 of 5% bonds payable at 3.5. Interest is paid Requirements 1. How

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17 0 23 15 cm 9 Sunset Drive-Ins borrowed money by issuing $4,500,000 of 5% bonds payable at 3.5. Interest is paid Requirements 1. How much cash did Sunset receive when it issued the bords payable? 2. How much must Sunset pay back at maturity? 3. How much cash interest will Sunset pay each six months? 16 Requirement 1. How much cash did Sunset receive when it issued the bonds payable? Amount of cash Sunset received when the bonds payable were issued Requirement 2. How much must Sunset pay back at maturity? At maturity, Sunset must pay back Requirement 3. How much cash interest will Sunset pay each six months? Every six months, Sunset will pay interest of

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