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eBook Show Me How Ofiice 3 6 5 Compute bond proceeds, amortizing premium by interest method, and interest expense Ware Co . produces and sells

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Ofiice 365
Compute bond proceeds, amortizing premium by interest method, and interest expense
Ware Co. produces and sells motorcycle parts. On the first day of its fiscal year, Ware issued $30,000,000 of 3-year, 11% bonds at a mar answers in the questions below.
Open spreadsheet
Compute the following:
a. The amount of cash proceeds from the sale of the bonds. Round your answer to the nearest dollar.
$
b. The amount of premium to be amortized for the first semiannual interest payment period, using the interest method. Round your ans s
c. The amount of premium to be amortized for the second semiannual interest payment period, using the interest method. Round your
$
d. The amount of the bond interest expense for the first year. Round your answer to the nearest dollar.
s
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