In the recent year Bonita Industries had net income of $207600, interest expense of $48000, and tax expense of $90000. What was Bonita Industries's times interest earned for the year? Vaughn Manufacturing issues $5130000, 6%, 5-year bonds dated January 1, 2020 on January 1, 2020. The bonds pay interest sen o June 30 and December 31. The bonds are issued to yield 5%. What are the proceeds from the bond issue? Show Timer 2.5% 3.0% 5% 6% 0.88385 0.86261 0.78353 0.74726 Present value of a single sum for 5 periods Present value of a single sum for 10 periods Present value of an annuity for 5 periods Present value of an annuity for 10 periods 0.78120 0.74409 0.61391 0.55839 4.64583 4.57971 4.32948 4.21236 8.75206 8.53020 7.721737.36009 O $5352183 O $5352998 O $5130000 18 G EN