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Compute Bond Proceeds, Amortizing Premium by Interest Method, and Interest Expense Ware Co. produces and selis motorcycle parts, On the first day of its fiscal

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Compute Bond Proceeds, Amortizing Premium by Interest Method, and Interest Expense Ware Co. produces and selis motorcycle parts, On the first day of its fiscal yeor, Ware Co, issued 535,000,000 of fiveyeash 12 wh bonds at a market (effective) interest rate of 10%, with intereat payable semiannually. Compute the following: a. The amount of cash proceeds from the sale of the bonds. Use the tables of present values in Exhibit b and Zahibit 10, Mound to the nearest dollar. b. The amount of promium to be amortized for the first semiannual intertat payment period, using the interest method, Round to the nearest doliar. c. The smount of premium to be amortized for the second semiannual intereat payment period, using the inturwat mathod. Round to the nearest dollar. d. The amount of the bond interest expense for the first year. Round to the nearest doliar. Compute Bond Proceeds, Amortizing Premium by Interest Method, and Interest Expense Ware Co. produces and selis motorcycle parts, On the first day of its fiscal yeor, Ware Co, issued 535,000,000 of fiveyeash 12 wh bonds at a market (effective) interest rate of 10%, with intereat payable semiannually. Compute the following: a. The amount of cash proceeds from the sale of the bonds. Use the tables of present values in Exhibit b and Zahibit 10, Mound to the nearest dollar. b. The amount of promium to be amortized for the first semiannual intertat payment period, using the interest method, Round to the nearest doliar. c. The smount of premium to be amortized for the second semiannual intereat payment period, using the inturwat mathod. Round to the nearest dollar. d. The amount of the bond interest expense for the first year. Round to the nearest doliar

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