PROBLEM IV On January 2, 2007, Yenn Corporation wishes to issue $6,000,000 (par value) of its 8%, 10-year bonds. The bonds pay interest semi-annually on January 1 and duow current yield rate on such bonds is 12%. Using the interest factors below, compute the amount that Yenn will realize from the sale (issuance) of the bonds. Present value of 1 at 4% for 20 periods Present value of 1 at 6% for 20 periods Present value of an ordinary annuity at 4% for 20 periods Present value of an ordinary annuity at 6% for 20 periods 0.45639 0.31180 13.5903 11.4699 December 31, 2005. Its inventory at that date was $80,000 and the relevant price ex was 100. Information reaanding inventory for subsequent years is Inventory at Current Prices $115,500 108,000 131,300 PROBLEM V Dolan Corporation adopted the dollar-value LIFO method of inventory valuation on Current follows Price Index 105 Date December 31, 2006 December 31, 2007 December 31, 2008 120 130 Required : Compute the cost of the ending inventory under dollar-value LIFO for the following years : 2006, 2007, and 2008. OBLEM VII Mar Corporation has two products in its ending inventory, each accounted for at the lower of cost or NRV Historical cost Product #1 $50.00 Product #2 $ 80.00 Estimated cost to dispose Estimated selling price 20.00 36.00 140.00 100.00 Lired: Determine the Value of each Product in Ending Inventory