Country Bank has $100,000 of 10% debenture bonds outstanding. The bonds were issued at 106 in 2018 and mature in 2038. The bonds have annual interest payments. Read the requirements. Requirement 1. How much cash did Country Bank receive when it issued these bonds? Country Bank received $ at bond issuance. Requirement 2. How much cash in total will Country Bank pay the bondholders through the maturity date of the bonds? Country Bank will pay the bondholders $ through the maturity date of the bonds. Requirement 3. Calculate the difference between your answers to requirements 1 and 2. This difference represents Country Bank's total interest expense over the life of the bonds. Requirement 4. Compute Country Bank's annual interest expense using the straight-line amortization method. Multiply this amount by 20. Your 20-year total should be the same as your answer to requirement 3. Country Bank's annual interest expense using the straight-line amortization method is $ . . Multiply the annual interest expense by 20. The 20-year straight-line interest total is $ Is your 20-year total the same as your answer to requirement 3? V