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Hancock Co.s December 31, Year 4, balance sheet contained the following items in the long-term liabilities section: Unsecured 9.375% registered bonds ($25,000 maturing annually beginning

Hancock Co.s December 31, Year 4, balance sheet contained the following items in the long-term liabilities section:

Unsecured

9.375% registered bonds ($25,000 maturing annually beginning in Year 8)

$275,000

11.5% convertible bonds, callable beginning in Year 13, due Year 24

125,000

Secured

9.875% guaranty security bonds, due Year 24

$250,000

10.0% commodity backed bonds ($50,000 maturing annually beginning in Year 8)

200,000

What are the total amounts of serial bonds and debenture bonds?

Serial Bonds

Debenture Bonds

A

$475,000

$400,000

B

$475,000

$125,000

C

$200,000

$650,000

D

$450,000

$400,000

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