Assume that on December 31, 2018, when the market interest rate is 16%, Bendon Realty Company issues $750,000 of 14.25%, 10-year bonds. Assume interest is paid each June 30th and December 31st. The bonds were issued for $685,899. The company uses the effective-interest amortization method.

Instructor-created question Assume that on December 31, 2018, when the mark monon method e t rate is 10%, Benson Meaty Company is 750.000 1629, 10 yearbonde Assumer is padech Juneon and Decentral. The bonds were ud for $65.699. The company Complete the following able Round amounts to the nearest whole dar) Amored Cash Paid Expense 12/31 2018 /2010 $ 53,45 $ 54,872 125.20 5343 144