Problem 14-10 Presented below are four independent situations. (a) On March 1, 2018, Marin Co. issued at 104 plus accrued interest $4,110,000 8% bonds. The bonds are dated January 1 2018, and pay interest sem annually on July 1 and January 1 In addition, Marin Co. incurred S24,000 of bond issuance costs. Compute the net amount of cash received by Marin Co. as a result of the issuance of these bonds. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answers to O decimal places, e.g. 5,275.) Net amount of cash received (b) On January 1, 2017, Headland Co. issued 8% bonds with a face value of $737,000 for $606,786 to yield 11%. The bonds are dated January 1, 2017, and pay interest annually What amount is reported for interest expense in 2017 related to these bonds, assuming that Headland used the effective-interest method for amortizing bond premium and discount? (Round answer to 0 decimal places, e.g. 38,548.) Interest expense to be reported for 2017 (c) Sage Building Co. has a number of long-term bonds outstanding at December 31, 2017. These long-term bonds have the following sinking fund requirements and maturities for the next 6 years. Sinking Fund Maturities $104,000 254,000 104,000 2018 2019 2020 2021 2022 2023 $312,000 104,000 104,000 196,000 196,000 196,000 160,000 104,000 Indicate how above information should be reported in the financial statements at December 31, 2017. (Round answers to 0 decimal places, e.g. 38,548.) Maturities and sinking fund requirements 2018 2019 2020 2021 2022 Thereafter (d in the long-term debt structure of Pronghorn Inc., the following three bonds were reported: mortgage bonds payable $9,971,000; collateral trust bonds5,024,000; bonds maturing in installments, secured by plant equipment $3,987,000 Determine the total amount, if any, of debenture bonds outstanding. (d) In the long-term debt structure of Pronghorn Inc., the following three bonds were reported: mortgage bonds payable $9,971,000; collateral trust bonds $5,024,000; bonds maturing in installments, secured by plant equipment $3,987,000 Determine the total amount, if any, of debenture bonds outstanding Total amount