S12-5 (similar to) Question Help Sonic Drive-Ins borrowed money by issuing $1,000,000 of 4% bonds payable at 97.5. Interest is paid semiannually. Requirements 1. How much cash did Sonic receive when it issued the bonds payable? 2. How much must Sonic pay back at maturity? 3. How much cash interest will Sonic pay each six months? Requirement 1. How much cash did Sonic receive when it issued the bonds payable? Amount of cash Sonic received when the bonds payable were issued = Enter any number in the edit fields and then click Check Answer. 2 parts remaining Clear All Check