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ABC Company issues $455,000 of bonds on January 1, 2021 that pay interest semiannually on June 30 and December 31. A portion of the bond
ABC Company issues $455,000 of bonds on January 1, 2021 that pay interest semiannually on June 30 and December 31. A portion of the bond amortization schedule appears below: Cash Paid Interest Expense Change in Carrying Value Date 01/01/2021 06/30/2021 12/31/2021 Carrying Value $503, 583 503, 008 502, 413 $18, 200 18, 200 $17, 625 17, 605 $-575 -595 Required: What is the original issue price of the bonds? O $503,583 O $455,000 O $503,008 O $473,200 What is the stated interest rate? O 8.0% O 7.0% O 3.5% O 4.0% What is the market interest rate? O 8.0% O 7.0% O 3.5% O 4.0% What is the interest expense reported on June 30, 2022? O $17,584 O $18.200 O $17,563 O $17,605 What is the cash flow from operating activities from this bond in 2021? O $36,400 outflow O $35,230 outflow O $503,583 inflow O $467,183 inflow
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