Kendall Corporation issued $500,000 of 5%, 15-year bonds payable on March 31, 2019. The market interest rate at the date of issuance was 8%, and the bonds pay interest semiannually. Kendall Corporation's year-end is March 31. Review the following amortization table for Kendall's bonds: (Click the icon to view the amortization table.) Read the requirements. 1. How much cash did Kendall Corporation borrow on March 31, 2019? How much cash will the company pay back at maturity on March 31, 2034? Kendall borrowed cash in the amount of $ on March 31, 2019 Requirements Using the amortization table for Kendall's bonds, answer the questions below: 1. How much cash did Kendall Corporation borrow on March 31, 2019? How much cash will the company pay back at maturity on March 31, 2034? 2. How much cash interest will the company pay each six months? 3. How much interest expense will Kendall Corporation report on September 30, 2019, and on March 31, 2020? Why does the amount of interest expense increase each period? Print Done