On April 1, year 1, Hatter Corporation issues $60 million of 12%, 10-year bonds payable at par. Interest on the bonds is payable semiannually each April 1 and October 1. With respect to this bond issue, Hatter Corporation's balance sheet at December 31, Year 1, will include bonds payable of $61,800,000 $63,600,000 $60 million, as well as interest payable of $1,800,000 $60 million, as well as interest payable of $3,600,000