Help Save & E A company issued 5-year, 9.50% bonds with a par value of $105,000. The market rate when the bonds were issued was 9.00%. The company received $107.210 cash for the bonds. Using the effective interest method, the amount of recorded interest expense for the first semiannual interest period is Multiple Choice $9,975.00 $4,987.50 $9.585.98 $4,824.45 $2,493.75 Morgan Company issues 8%, 20-year bonds with a par value of $800,000 that pay interest semiannually. The amount paid to the bondholders for each semiannual interest payment is Multiple Choice $400,000 $64,000. $28,000 $56,000 $32,000. A company issued 9%, 15-year bonds with a par value of $650,000 that pay interest semiannually. The market rate on the date on was 9%. The journal entry to record each semiannual interest payment is: Multiple Choice Debit Bond Interest Expense $600,000; credit Cash $600,000 No entry is needed, since no interest is peld until the bond is due. O Debit Bond Interest Expense $58,500, credit Cash $58,500. O Deble Bond Interest Payable 43,333; credit Cash $43,333. Debit Bond Interest Expense $29,250: credit Cash $29,250. Help Save & E Charger Company's most recent balance sheet reports total assets of $28,175,000, total liabilities of $15,925,000 and total equity of $12,250,000. The debt to equity ratio for the period is (rounded to two decimals): Multiple Choice 1.30 O 1779 0.43 0.77 0.57 Help Save & Exit Subm McVeigh Corp. owns 40% of Gondor Company's common stock. McVeigh received $44,800 in cash dividends from Gondor. The entry to record the cash dividend received from Gondor would include a Multiple Choice O Credit to Cash for $44,800 Debit to Dividend Revenue for $44.800. Credit to Equity Method Investments for $44,800. O Debit to Dividends for $112.000 Credit to Equity Method Investments for $112.000