On January 1, 2021, Baddour, Inc., issued 10%, 12-year bonds with a face amount of $179 million. The bonds were priced at $157 million to yield 12%. Interest is paid semiannually on June 30 and December 31. Baddours fiscal year ends September 30.

1.	Net bonds payable
	Interest payable
2.	Interest expense for fiscal 2021
3.	Sale of bonds
	Cash interest paid