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Jell)PlayerHomework aspxhomeworkld-4635762838questionld-12flushed-true ACC-201-X3003 Financial Accounting 18EW3 Homework: 5-1 MyAccountingLab Homework: Chapters 11 and 12 core: 0 of 32 pts 12B-37A (similar to) Relaxation, Inc. is

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Jell)PlayerHomework aspxhomeworkld-4635762838questionld-12flushed-true ACC-201-X3003 Financial Accounting 18EW3 Homework: 5-1 MyAccountingLab Homework: Chapters 11 and 12 core: 0 of 32 pts 12B-37A (similar to) Relaxation, Inc. is authorized to issue 5%, 10-year bonds payable on January 1, 2016, when the m 20f 2 (1 complete) arket interest rate is 16%, the company issues S70000 te bots The bots pe (Click the icon to view the Present Value of $1 table) (Click the icon to view the Present Value of (Click the icon to view the Future Value of $1 table (Click the icon to view the Future Value of Annuity of $1 table) Read the requirements Requirement 1. How much cash did the company receive upon issuance of the bonds payable? (Round all numbers to the nearest whole dollar) Upon issuance of the bonds payable, the company received

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