Rankin Corporation issued $520,000 of 5%,12-year bonds payablo on March 31, 2022. The market interest rate at the date of issuance was 10%, and the bonds payy interest semiannualy, Rankn Corporation's year-end is Maroh 31. Review the following amortization table for Rantin's bondt: (Cick the kon lo vew the amorication table.) Read the requicements. 1. How much cash did Rankin Corpotaton borrow on March 31, 20227 How much cash wil the compary pay back at matunty on March 31, 2034 ? On March 31, 2022, Rankin bortowed cath in the amount of