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Igloo Corporation issued $500,000 of 6%,10-year bonds on January 1,2023 , for $464,469. This price provided a yield of 7% on the bonds. Interest is
Igloo Corporation issued $500,000 of 6%,10-year bonds on January 1,2023 , for $464,469. This price provided a yield of 7% on the bonds. Interest is payable semiannually on June 30 and December 31 . Igloo uses the effective-interest method to determine the interest. Answer the following questions: (Do not add dollar sign; do not add comma to your amount; round the answer to the whole number) - What would be the amount related to the bonds that Igloo would report in its balance sheet at December 31, 2023? - What would be the amount related to the bonds that igloo would report in its incape statement for the year ended December 31. 2023? - What would be the amount(s) related to the bonds that Igloo would report in its statement of cash flows for the year ended December 31,2023 ? Include the activities in which the cash flows are classified in. activities. (enter the dollar amount); activities, (enter the dollar amount)
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