Net Work Corporation, whose annual accounting period ends on December 31, issued the following bonds: Date of bonds: January 1, 2021 Maturity amount and date: $420,000 due in 10 years (December 31, 2030) Interest: 10.0 percent per year payable each December 31 Date issued: January 1, 2021 Required: For each of the three independent cases that follow, provide the amounts to be reported on the January 1, 2021, financial statements immediately after the bonds were issued: (Deductions should be indicated by a minus sign.) January 1, 2021Financial Statements: Case A (At 100) Case B (at 96) Case C (at 104) a. Bonds payable b. Unamortized premium (discount) c. Carrying value The balance sheet for Shaver Corporation reported the following: cash, $13,000; short-term investments, $18,000; net accounts receivable, $51,000; inventory, $56,000; prepaids, $18,000; equipment, $107,000; current liabilities, $56,000; notes payable (long-term), $86,000; total stockholders' equity, $121,000; net income, $4,920; interest expense, $7,600; income before income taxes, $10,080. Required: 1. Compute Shaver's debt-to-assets ratio and times interest earned ratio. 2-a. Based on these ratios, does it appear Shaver relies mainly on debt or equity to finance its assets? 2-b. Is it probable that Shaver will be able to meet its future interest obligations? Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Compute Shaver's debt-to-assets ratio and times interest earned ratio. (Round your answers to 2 decima Ratio Debt-to-Assets Times Interest Earned Ratio Req 1 Req 2A >