32) Assume that Darby Company issues a ten-year $100,000, 6% bond to yield 3% for $125,593.61 on January 1, 2020 and interest payments are due on December 31" of each year. On December 31, 2020 the company paid the bondholder the annual payment of $6,000. The journal entry to record the first payment on December 31, 2020 will include A. a debit to interest expense of $ 6,000.00 B. a debit to interest expense of $ 3,000.00 C. a credit to bond premium of $ 2.232.19 D. a debit to bond premium of $ 2.232.19 E. none of the above Your Answer F G H I J 33) Savannah Company is buying Tommy Company. The following information is available for Tommy Company on the day of the purchase: Accounts Receivable Inventory Land 290,000 200,000 400,000 Accounts Payable Note Payable Common Stock Retained Earnings $ 50,000 100,000 200,000 540,000 Savannah Company estimates that, the Accounts Receivable are worth $275,000, the inventory is worth $175,000 and the land is worth $500,000. The Note Payable debt is payable interest only at 10% per year for the next 3 years and then the principal is due. The current interest rate for similar debt is 10% Everything else is worth its book value. Savannah will pay $1,000,000 for Tommy Company. How much of the purchase price will Savannah debit to goodwill? A $200,000.00 B. $190.052.59 C. $ 151.730.12 D. $210,692.05 E Some other number which is not here Your Answer D. E. $ 210,692.05 Some other number which is not here Your Answer 34) Still on Savannah, everything is the same except the current interest rates for Notes similar to Tommy's is 8%. How much of the purchase price will Savannah debit to goodwill? A. $ 200,000.00 B. $ 194,154.19 C. $ 151,730.12 D. $ 205,154.19 E. Some other number which is not here Your