Question 37 3 pts On January 1, 2021, Electric Mayhem Limited issued $300,000, 15-year, 8% bonds. Cash interest is payable semi-annually on June 30 and December 31. Bond issuance costs are 50,000. The market rate for bonds of similar risk and maturity is 10% at issue. What is the carrying value of the bond on January 1, 2021? Round to the nearest dollar. Question 38 3 pts Animal Inc. issued $250,000, 10-year, 7% bonds on April 1, 2021. The bonds are dated January 1, 2021 and pay interest semiannually on June 30 and December 31. The market rate at issuance is 7%. How much cash does the company receive at issuance? Round to the nearest dollar