Homework: Online Assignment, Ch 7 & 8 3 of 7 (0 complete) Score: 0 of 5 pts S7-11 (similar to) Mega Industries Ltd. borrowed money by issuing a $30,000 6.3%, 10-year bond. Assume the issue price was 94 on August 1, 2020. 1. How much cash did Mega Industries receive when it issued the bond? 2. How much must Mega Industries pay back at maturity? When is the maturity date? 3. How much cash interest will Mega Industries pay each six months? Carry the interest amount to the nearest cent. 4. How much interest expense will Mega Industries report each six months? Assume the straight-line amortization method, and carry the interest amount to the nearest cent. 1. How much cash did Mega Industries receive when it issued the bond? Mega Industries received $ when the bond payable was issued