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On January 1 of Year 1 , the following debt was authorized and issued by Anderson Company. 1. $80,000,5-year, 9% convertible bonds payable, cash interest

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On January 1 of Year 1 , the following debt was authorized and issued by Anderson Company. 1. $80,000,5-year, 9% convertible bonds payable, cash interest payable semiannually on June 30 and December 31 to yiel 10% 2. $16,000,8-year, 10% note payable, cash interest payable semiannually on June 30 and December 31 to yield 9.5%. 3. $48,000,10-year, zero-interest-bearing bonds to yield 11% annually. Note: Enter the percentages rounded to two digits after the decimal; enter 2.04 for 2.044% or 2.05 for 2.045%. Note: Round dollar amounts to the nearest dollar. On January 1 of Year 1 , the following debt was authorized and issued by Anderson Company. 1. $80,000,5-year, 9% convertible bonds payable, cash interest payable semiannually on June 30 and December 31 to yiel 10% 2. $16,000,8-year, 10% note payable, cash interest payable semiannually on June 30 and December 31 to yield 9.5%. 3. $48,000,10-year, zero-interest-bearing bonds to yield 11% annually. Note: Enter the percentages rounded to two digits after the decimal; enter 2.04 for 2.044% or 2.05 for 2.045%. Note: Round dollar amounts to the nearest dollar

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