Court Casuals Statement of Stockholders' Equity For the year ended December 31, 2012 Boler 4. Pizza Pier issues 7%, 10-year bonds with a face amount of $80,000 on January 1, 2012. The market interest rate for bonds of similar risk and maturity is also 7%. Interest is paid semiannually on June 30 and December 31. [10] a. Record the bond issue, b. Record the first interest payment on June 30, 2012 5. On January 1, 2012, Julee Enterprises borrows $30,000 to purchase a new Toyota Highlander by agreeing to a 6%, 4-year note with the bank. Payments of S704.55 are due at the end of each month with the first installment due on January 31, 2012 Record the issuance of the note payable and the first two monthly payments. [10] 6. 132. For each of the following five transactions, indicate by letter whether the cash effect of each transaction is reported in a statement of cash flows as an operating (O), investing (I). financing (F), or noncash (NC) activity Type of Activity Transaction Purchase of inventory 2. Repayment of depavale 3. Payment of employee salaries 4. Sale of equipment for a more 5. Issuance of boods able 5. On January 1, 2012, Julee Enterprises borrows $30,000 to purchase a new Toyota Highlander by agreeing to a 6%, 4-year note with the bank. Payments of $704.55 are due at the end of each month with the first installment due on January 31, 2012. Record the issuance of the note payable and the first two monthly payments. [10]