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McNeI Corporation issued $800,000 of 6%,10-year bonds payable on Janeary 1,2022 . The market interest rate at the date of issuance was 4%, and the

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McNeI Corporation issued $800,000 of 6%,10-year bonds payable on Janeary 1,2022 . The market interest rate at the date of issuance was 4%, and the bonds pay intereat semiannually (on June 30 and December 31) McNel Corporation's year-end is June 30 . McNeil propared an effective-interest amortization table for the bonids through the first three interest payments as follows. (Click the icon to view the amortization schedule) Read the megritements 1. How much cash did McNeil Corporation borrow on January 1,2022? How much cash will Mckell Corporation pay back at maturity? On January 1, 2022, McNeil borrowed At maturity McNeil will pay bock

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