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Please help! CHAPTER 10 Use the following to answer questions 1 -3: Johnson Company issued a $10,000 face value bond on January 1, 2005. The

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CHAPTER 10 Use the following to answer questions 1 -3: Johnson Company issued a $10,000 face value bond on January 1, 2005. The five-year term bond was issued at 98 and had a 7% stated rate of interest that is payable in cash on December 31st of each year. Based on this information alone: 1. Calculate interest expense for given time period on a bond issued at a discount. Determine the amount of total liabilities (resulting from the bond) reflected on the balance sheet at various dates. 2. 3. Determine the amount of cash flow from operating activities for a given time period. Euteset

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