No description. Just a quick answer please!

Question 6 (1 point) 1) Listen Hippo Corporation originally issued shares for $10 per share, and at a later date, reacquired them at $12 per share. Which of the following statements is true: The company will record a loss through OCI on reacquisition The company will record a loss on reacquisition The company's retained earnings and/or contributed surplus account will be affected None of these statements are correct The company will record a gain on reacquisition On January 1, 2021, ClimbX, a public company, bought government land for an outdoor climbing and bouldering park, recording a cost of $385,000. As a legal condition for the use of the land, the company must return it to its previous condition when they close the park. ClimbX estimates that at the end of twenty years, when they intend to close the park, it will cost $150,000 to return the park to its previous condition. The company uses an interest rate of 5% to estimate obligations. Which of the following statements is true? ClimbX will not record a liability at January 1, 2021. since the amount that will need to be spent in twenty years is not currently considered to be reliable or measurable. ClimbX will include the present value of $150,000 in the cost of the land at January 1, 2021. The legal condition will require ClimbX to record an amount in a contributed surplus equity account on January 1. 2021. ClimbX can choose to use the straight line or effective interest method to HO Cheetah Corporation authorized $700,000 6% 10-year bonds dated January 1, 2021. At January 1, 2021, the bonds would yield an effective interest rate of 5%. The bonds were issued on January 1, 2021 and the proceeds were $754,562. The bonds pay interest each June 30 and December 31. Tiger Corporation accounts for interest using effective interest calculations and has a December 31 year end. Blank 1 (top): What will the amount of interest expense recorded be on June 30, 2021? Blank 2 (bottom): What will the amount of cash paid to the bondholders be on June 30. 2021? Round all answers to the nearest whole dollar. Do not use dollar signs, commas or decimals. Blank # 1 AM Blank # 2 AM