Given the information below, which bond(s) will be issued at a discount? Stated Rate of Return Market Rate of Return Bond 1 5% 78 Bond 2 8% 88 Bond 3 15% 128 Bond 4 12% 148 Multiple Choice O Bond 1 O Bond 4. O Bonds 1 and 4. O Bond 3. The Pita Pit borrowed $191,000 on November 1, 2021, and signed a six-month note bearing interest at 12%. Principal and interest are payable in full at maturity on May 1, 2022. In connection with this note, The Pita Pit should report interest expense at December 31, 2021, in the amount of: (Do not round your intermediate calculations.) * $22,920. $11,460. $3,820. $0. A company purchased new equipment for $51,000. The company paid cash for the equipment. Other costs associated with the equipment were: transportation costs, $2,300; sales tax paid $2,400; and installation cost, $2,500. The cost recorded for the equipment was: Multiple Choice O $53,300. $55,700. $51,000. $58,200. A machine has a cost of $17,400, an estimated residual value of $4,020, and an estimated useful life of five years. The machine is being depreciated on a straight-line basis. At the end of the second year, what amount will be reported for accumulated depreciation? (Do not round your intermediate calculations. Round annual depreciation amount to the nearest dollar amount.) Multiple Choice $2,676. $12,048. $6,960. $5,352. On November 1, 2021, New Morning Bakery signed a $202,000, 6%, six-month note payable with the amount borrowed plus accrued interest due six months later on May 1, 2022. New Morning Bakery should record which of the following adjusting entries at December 31, 2021? (Do not round your intermediate calculations.) Multiple Choice O Debit Interest Expense and credit Cash, $6,060. O Debit Interest Expense and credit Interest Payable, $2,020. O Debit Interest Expense and credit Interest Payable, $6,060. O Debit interest Expense and credit Cash, $2,020