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On January 1, Year 1, Mahoney Company borrowed $168,000 cash from Sun Bank by issuing a 5-year, 8% term note. The principal and interest are

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On January 1, Year 1, Mahoney Company borrowed $168,000 cash from Sun Bank by issuing a 5-year, 8% term note. The principal and interest are repaid by making annual payments beginning on December 31, Year 1. The annual payment on the loan equals $40,725. What is the amount of principal repayment included in the payment made on December 31, Year 1? Multiple Choice $13.440 100% FREE TOTA FREE Virus Pro $27.285 Download F S37467 Protect now with TotalAV O $13,440. $27.285 $37,467 $40.725 On January 1 Year 1, Denver Co. issued bonds with a face value of $71,000, a stated rate of interest of 9%, and a 5-year term to maturity. The bonds were sold at 103. Denver uses the straight-line method to amortize bond discounts and premiums. What is the amount of interest expense during Year 1? Multiple Choice $6,390 100% FREE TOTALA FREE Virus Protect $5,964 Download Free $6,816 Protect now with TotalAV Best Antivirus directly for Free S6.582 Help On January 1, Year 1, Brown Co. issued bonds with a face value of $102,000, a stated rate of interest of 11%, and a 20-year term to maturity. The bonds were issued at face value. If Bluefield's tax rate is 40%, what is the after-tax cost of borrowing related to these bonds for Year 1? Multiple Choice 0 $4,488 $6,732 100% FREE TOTA FREE Virus PI $11,220 Download Protect now with Total Install Antivirus directly Google Chrome - www.ba $15.708 Blair Scott started a sole proprietorship by depositing $28,000 cash in a business checking account. During the accounting period, the business borrowed $12,000 from a bank, earned $3,400 of net income, and Scott withdrew $4,600 cash from the business. Based on this Information, what is the balance in Scott's capital account at the end of the accounting period? Multiple Choice 0 $31.400 100% FREE TOT FREE Virus $29,200 Downl $38.800 Protect now with T Install Antivirus dire Google Chrome - www. $26.800

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