Part 2: Long-Term Liabilities Presented below are four independent situations. a) On March 1, 2018, Jenkins Co. issued at 94 plus accrued interest $9,000,000, 9% bonds. The bonds are dated January 1, 2018, and pay interest semiannually on July 1 and January 1. In addition, Jenkins Co. incurred $59,400 of bond issuance costs. Compute the net amount of cash received by Jenkins Co. as a result of the issuance of these bonds. b) On January 1, 2018, Redwood Co. issued 9% bonds with a face value of $5,400,000 for $5,068,224 to yield 10%. The bonds are dated January 1, 2018, and pay interest annually. What amount is reported as bond discount on the issue date? c) Crenshaw Building Supply Co. has a number of long-term bonds outstanding at December 31, 2018. These long-term bonds have the following sinking fund requirements and maturities for the next 6 years. Sinking Fund Maturities 2020 $650,000 $250,000 2021 250,000 300,000 2022 250,000 250,000 2023 450,000 2024 450,000 350,000 2025 450,000 250,000 Indicate how this information should be reported in the financial statements at December 31, 2018 d) In the long-term debt structure of Sarah's Pies Inc., the following three bonds were reported: mortgage bonds payable $25,000,000; collateral trust bonds $17,500,000; bonds maturing in installments, and bonds secured by plant equipment valued at $2,225,000. Determine the total amount, if any, of debenture bonds outstanding