Kier Company issued $580,000 in bonds on January 1, Year 1. The bonds were issued at face value and carried a 4-year term to maturity. The bonds have a 6.50% stated rate of interest and interest is payable in cash on December 31 each year. Based on this information alone, what are the amounts of Interest expense and cash flows from operating activities, respectively, that will be reported in the financial statements for the year ending December 31, Year 17 Multiple Choice O $37.700 and Zero O Zero and $37700 O $37700 and $37,700 Zero and Zero Company A and Company B are identical in all regards except that during Year 1 Company A borrowed $34,000 at an interest rate of 10%. In contrast, Company B obtained financing by acquiring $34,000 from sale of common stock. Company B agreed to pay a $3,400 cash dividend each year. Both companies are in a 30% tax bracket. Which company would show the greater retained earnings at the end of Year 1, and by what amount? Multiple Choice Company Als retained earnings would be higher by $3,400 Company B's retained earnings would be higher by $2,380. O O OO Company As retained earnings would be higher by $1020 Both would how the same retained emings