On January 1, 2020 Crane Co. issued five-year bonds with a face value of $860,000 and a stated interest rate of 16% payable semiannually on July 1 and January 1. The bonds were sold to yield 12%. Calculate the issue price of the bonds. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,582.) CH6 Time Value of Money Factor Table-4.docx O $ 859997 $ 986589 O $ 506374 O $ 480215 Cullumber uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (retail) were $391000 ($595000). purchases during the current year at cost (retail) were $2075000 ($3320000), freight-in on these purchases totaled $130000, sales during the current year totaled $3020000, and net markups (I arkdowns) were $73000 ($109000). What is the ending inventory value at cost? Hint: Round intermediate calculation to 3 decimal places, e.g. 0.635 and final answer to 0 decimal places. O $643839. O $582645. O $559209. O $859000. Crane Company purchased $900000 of 11% bonds of Scott Company on January 1, 2021, paying $848385. The bonds mature January 1, 2031: interest is payable each July 1 and January 1. The discount of $51615 provides an effective yield of 12%. Crane Company uses the effective interest method and plans to hold these bonds to maturity. For the year ended December 31, 2021, Crane Company should report interest revenue from the Scott Company bonds of: O $99000. O $104162 O $101806. O $101890. The following information pertains to Deal Corp's 2004 cost of goods sold: Inventory, 12/31/03 $ 90,000 2004 purchases 124.000 2004 write-off of obsolete inventory 34,000 Inventory, 12/31/04 30,000 The inventory written off became obsolete due to an unexpected and unusual technological advance by a competitor. In its 2004 income statement, what amount should Deal report as cost of goods sold? O $218,000 O $124.000 $184,000 O $150,000 The following information is available for October for Ivanhoe Company. (Round answers to 0 decimal places, e.g. 5,275.) Beginning inventory $420000 Net purchases 1240000 Net sales 2480000 Percentage markup on cost 66.67% A fire destroyed Ivanhoe's October 31 inventory, leaving undamaged inventory with a cost of $25000. Using the gross profit method, the estimated ending inventory destroyed by fire is 0 $147000. O $820000. O $661333. $636333