Part 6 of 6 2 points Required information Problem 9-6A (Algo) Understand a bond amortization schedule (L09-5) (The following information applies to the questions displayed below.) On January 1, 2024, Paradise Hollow Resort issues $27 million of bonds that pay interest semiannually on June 30 and December 31. Portions of the bond amortization schedule appear below: Book (2) As Cash Paid for Date 1/1/2024 Interest (3) Interest Expense. (4) Increase in Carrying (5) Carrying Value 6/30/2024 $945,000 References 12/31/2024 945,000 $1,006,612 1,009,037 Value $25,165,306 25,226,918 64,077 25,290,995 Problem 9-6A (Algo) Part 6 6. What is the total cash paid for interest assuming the bonds mature in 10 years? (Enter your answer in whole dollars, not millions (ie., $5.5 million should be entered as 5,500,000).) Total cash interest < Prev 14 58 Next >> Part 6 of 6 2 points Required information Problem 9-6A (Algo) Understand a bond amortization schedule (L09-5) (The following information applies to the questions displayed below.) On January 1, 2024, Paradise Hollow Resort issues $27 million of bonds that pay interest semiannually on June 30 and December 31. Portions of the bond amortization schedule appear below: Book (2) As Cash Paid for Date 1/1/2024 Interest (3) Interest Expense. (4) Increase in Carrying (5) Carrying Value 6/30/2024 $945,000 References 12/31/2024 945,000 $1,006,612 1,009,037 Value $25,165,306 25,226,918 64,077 25,290,995 Problem 9-6A (Algo) Part 6 6. What is the total cash paid for interest assuming the bonds mature in 10 years? (Enter your answer in whole dollars, not millions (ie., $5.5 million should be entered as 5,500,000).) Total cash interest < Prev 14 58 Next >>