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Potter Corporation issued $620.000 of 7%. 12 year borde payable on March 31, 2018. The market interest rate at the date of once and the

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Potter Corporation issued $620.000 of 7%. 12 year borde payable on March 31, 2018. The market interest rate at the date of once and the bonds payer manualy Potter Corporis parend is March 31. Review the following amortization table for Potter's bonds Click the icon to view the amortization tab) Read the moment 1. How much cash did Putor Corporation borow on March 31, 2017 How much cash will the company way back at maturity on March 31, 2017 Potter borrowed cash in the amount of on March 31, 2018 Potter will pay back cash in the amount of of maturity on March 31, 2017 2. How much cash interest will the company pay each month? Potter will pays cash interest each six months 3. How much interest expense wil Pottor Corporation report on September 30, 2010, and on March 31, 2007 why does the amount of starost esperto neremo each perod? Potter we reports of interest expense on September 30, 2019 on March 31.2020 Why does he amount of rest expenses a period Interest expense increases because the as the bonds move toward malty bond carrying amount decreases bond carrying amount increases discount account balance increases

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