On January 1 of this year, Barnett Corporation sold bonds with a face value of $508,000 and a coupon rate of 6 percent. The bonds mature in 12 years and pay interest annually on December 31. Barnett uses the effective-interest amortization method. Ignore any tax effects. Each case is independent of the other cases. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.) Required: 1. Complete the following table. The interest rates provided are the annual market rate of interest on the date the bonds were issued. Case A (6%) Case B (7%) Case C (5%) a. Cash received at issuance b. Interest expense recorded in Year 1 c. Cash paid for interest in Year 1 Cash paid at maturity for bond d. principal ! Required information (The following information applies to the questions displayed below.) On January 1 of this year, Nowell Company issued bonds with a face value of $200,000 and a coupon rate of 7.5 percent. The bonds mature in ten years and pay interest semiannually every June 30 and December 31. When the bonds were sold, the annual market rate of interest was 7.5 percent. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.) 3. What amount of cash is owed to investors on June 30 and December 31 of this year? June 30 December 31 Cash owed