estion 28 tyet wered In December Year 4. Mill Co. began including one coupon in each package of candy that it sells and offering a toy in exchange for $.50 and one coupon. The toys cost Mill 5.60 each. Eventually, 50% of the coupons will be redeemed During December, Mill sold 90,000 packages of candy and 25,000 coupons were redeemed. In its December 31, Year 4, balance sheet, what amount should Mill report as estimated liability for coupons? nits out of Flag question Select one: O a. $2,000 O b. $6,500 Oc12,000 O d. $54,000 O e. $9,000 Ston 29 yet wered Benton Company issues $10,000,000 of 10-year, 9% bonds on April 1. 2025 at 95 plus accrued interest. The bonds are dated January 1, 2025, and pay interest on June 30 and December 31. What is the total cash received on the issue date? ts out of ag question Select one O a. $9,500,000 O b. $9.950.000 O c. $9,725,000 O d. $9,766,667 O e $10,400,000 on 30 et ered Wertz Corporation issued ten-year, 8% bonds on January 1, 2025 at a discount. During 2025, the company's accountant failed to amortize any of the bond discount. The omission of the discount amortization will out of g question Select one: O a. not affect net income reported for 2025. O b. cause interest expense for 2025 to be overstated, Occause retained earnings at the end of 2025 to be overstated. O d. cause net income for 2025 to be understated