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PLEASE ANSWER WITH SOLUTION ASAP THANKS On March 1, 2019, Mark Corporation issued at 103 plus accrued interest, 1,000 of its 15%, P1,000 bonds. The

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PLEASE ANSWER WITH SOLUTION ASAP THANKS

On March 1, 2019, Mark Corporation issued at 103 plus accrued interest, 1,000 of its 15%, P1,000 bonds. The bonds are dated January 1, 2019 and mature on January 1, 2024. Interest is payable semi-annually on January 1 and July 1. Mark paid transaction costs of P70,000. Based on the given information, how much would Mark realize as net cash receipts from the bond issuance

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