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On the last day of its fiscal year ending December 31, 2024, the Ssfe & Refable (58R) Glass Company completed two financing arrangements. The funds

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On the last day of its fiscal year ending December 31, 2024, the Ssfe \& Refable (58R) Glass Company completed two financing arrangements. The funds provided by these initiatives will allow the company to expand its operations. 1. S4R issued 9% stated rate bonds with a foce amount of 5120 milion. The bonds mature on December 31, 2044 (20 years). The maket rate of interest for similar bond issues was 10% ( 5.0% semiannual rate). Interest is pald semiannualy (4.5\%) on June 30 and December 31 , beginning on June 30, 2025. 2. The company leased two manufacturing facilieies. Lease A requires 20 annual lease payments of $340,000 beginning on January 1, 2025 Lease B also is for 20 years, beginning January 1, 2025. Terms of the lease require 17 annual lease payments of $360,000 beginning on January 1,2028 . Generally accepted accounting principles require both leases to be recorded os liabities for the present value of the scheduled payments. Assume that an ith interest rate properly reflects the time value of money for the lesse obligations Aequired: What amounts will appear in S\&Rs December 3t, 2024, balance sheet for the bonds and for the leases? Note: Do not round intermediate calculations, Round your final answers to nearest whole dollar amount. Use tables, Excel, or a

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