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On 10-1-2021, Mannix Corporation issued $300,000 (face value) of 8% bonds payable (i.e., the stated rate is 8% ) for $253,883. As the market rate

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On 10-1-2021, Mannix Corporation issued $300,000 (face value) of 8% bonds payable (i.e., the stated rate is 8% ) for $253,883. As the market rate differed from the stated rate, the bonds were not sold at face value. The bonds were dated 10-1-2021 and mature 9 30-2036. Interest is paid semiannually on 331 and 930. 1. Related to the bonds, what is the total discount at the time of issue, i.e., 10-1-2021? )$53,883)$46,117$300,000D)$48,912E)$51,024 2. Related to the bonds, what will be the total cash paid out in coupon interest by Mannix Corporation over the life of the bonds ? A) $300,000 B) $360,000 C) $660,000 D) $253,883 E) $324,000 3. Related to the bonds, what will be the total interest expense recognized by Mannix Corporation on its income statement over the life of the bonds ? $360,000B)$24,000o)$313,883D)$406,117E.$660,000

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