Kendrick Corporation issued $$500,000$ of $5\%,12-$year bonds payable on March $31,2022.$ The market interest rate at the date of issuance was $9\%,$ and the bonds pay interest semiannually. Kendrick Corporation's year$-$end is March $31.$ Review the following amortization table for Kendrick's bonds:

$($Click the icon to view the amortization table.$)$

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How much cash did Kendrick Corporation borrow on March $31,2022?$ How much cash will the company pay back at maturity on March $31,2034?$

On March $31,2022,$ Kendrick borrowed cash in the amount of