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Golden Lake Company is considering raising additional capital for further expansion. The company wants to france a new business venture into guided trips down the

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Golden Lake Company is considering raising additional capital for further expansion. The company wants to france a new business venture into guided trips down the Amazon River in South America Additionally, the company wants to add another building on its land to offer more services for local customers. (Click the icon to viewing the financing information) Required More Info Requirement 1. Will the Golden Lake's bonds will The nearest whole Requiremi, nt 2. Record dollar. Record debits fit a. Cash received from the Golden Lake Company plans to raise the capital by issuing $1,400,000 of 7%, ten-year bonds on January 2,2023. The bonds pay interest semi-annualy on June 30 and December 31. The company receive $1.397 200 when the bonds are issued The company also issues a mortgage payable for $350,000 on January 2, 2023. The proceeds from the mortgage will be used to construct the new building. The mortgage requires annual payments of $35,000 plus interest for 10 years, payable on December 31. The mortgage interest rate is 8 percent Date 2023 Print Done Choose from any list or

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