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LaBeaud Inc. issued $5,000,000 of 8%,15-year bonds on January 1,2023 when bonds of equivalent risk were yielding 9%. In 1 paid 1/1 and 71 ,

image text in transcribed LaBeaud Inc. issued $5,000,000 of 8%,15-year bonds on January 1,2023 when bonds of equivalent risk were yielding 9%. In 1 paid 1/1 and 71 , - How much cash did LaBeaud get from the sale of its bonds? SHOW LABELLED WORK OR NC POINTS! - Write the entry for LaBeaud for the sale. (After Ch6, you should be able to figure this out). - What is the total amount of cash LaBeaud will pay to borrow this money

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