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On the last day of its fiscal year ending December 31, 2018, the Sedgwick & Reams (S8R) Glass Company completed two financing arrangements. The funds

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On the last day of its fiscal year ending December 31, 2018, the Sedgwick & Reams (S8R) Glass Company completed two financing arrangements. The funds provided by these initatves will allow the company to expand its operations V of $1, PV of S1, FVA of $1 PVA of $1, FVAD of $1 and PVAD of $0) (Use appropriate factors) from the tables provided.) 1. S&R issued 7% stated rate bonds with a face amount of $100 m llion. The bonds mature on December 31, 2036 20 years) The market rate of interest for similar bond issues was 8% 4 0% semiannual rate Interest is paid semiannual (35%) on June 30 and December 31, beginning on June 30, 2019. 2 The company leased two manufacturing facilities. Lease A requires 20 annual lease payments 2019 Lease B also is for 20 years, beginning January 1, 2019. Terms of the lease require 17 annual lease beginning on January 1. 2022 Generally accepted accounting principles require both leases to be present value of the scheduled payments. Assume that a 9% interest rate properly reflects the time value of money obligations of $380,000 beginning od January 1, nts of $400,000 recorded as liabilities for the for the lease Required: What amounts will appear in S&R's December 31, 2018, nd Intermedlate calculations. Round your final answers to nearest whole doliar amount.) 3 Answer is complete but not entirely correct. Bond iability Lease A 100 $3 781.042 $3,980.044 liab Lease B abilit

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