Exercise 14-5 (Aigo) Bonds; issuance; effective interest; financial statement effects [LO14-2] Myriad Solutions, Incorporated issued 14% bonds, dated January 1, with a face amount of $360 million on January 1,2024, for $324,655,380. - The bonds mature on December 31, 2033 (10 years). - For bonds of similar risk and maturity the market yleld is 16% - Interest is pald semiannually on June 30 and December 31 Required: 1. What would be the net amount of the liablity Myriad would report in its balance sheet at December 31,2024 ? 2. What would be the amount related to the bonds that Myriad would report in its income statement for the year ended December 31, 2024 ? 3. What would be the amount(s) related to the bonds that Myriad would report in its statement of cash flows for the year ended December 31, 2024? Note: Round your answers to the nearest whole dollar