On January 1, 2019, Sandy Cheeks Corporation purchased $80,000, 8%, 16-year bond as a LONG-TERM Investment for $89,600 cash. The bonds pay interest semi-annually each June 30 and December 31. Sandy Cheeks uses the straight- line method of amortization to amortize any premium or discount. What is the face value of the bond? exact number, no tolerance On January 1, 2019, Sandy Cheeks Corporation purchased $80,000, 8%, 16-year bond as a LONG-TERM investment for $89,600 cash. The bonds pay interest semi-annually each June 30 and December 31. Sandy Cheeks uses the straight- line method of amortization to amortize any premium or discount. What is the stated rate of interest? Do not type in a percent sign. exact number, no tolerance On January 1, 2019, Sandy Cheeks Corporation purchased $80,000, 8%, 16-year bond as a LONG-TERM Investment for ach June 30 and December 31. Sandy Cheeks uses the straight- line method of amortization to amortize any premium or discount. What is the dollar amount of annual interest? exact number, no tolerance On January 1, 2019, Sandy Cheeks Corporation purchased $80,000, 8%, 16-year bond as a LONG-TERM investment for $89,600 cash. The bonds pay interest semi-annually each June 30 and December 31. Sandy Cheeks uses the straight- line method of amortization to amortize any premium or discount. What is the given cash purchase price of the bond Investment? exact number, no tolerance