S9-9 (similar to) Question Clare Corporation sd 600,000 of 10your bonds payable on January 1, 2010. The rest to the date of ano wa 4%, and the bondsay interconnes and December 31) Clare Corporations and is une 30 prepared an effects oration table for the bonds through the first three interesantas follows the conto w motion sche) Road the requests 1. How much codd Clwk Corporation borrow on January 1, 2017 How much chwil Clarke Corporation pay back at matuty? borrowed on January 1 2010. The company will Day Back 600000 Requirements 0 Reference Interest Payment Interest Expense Premium Amortization Use the motion table for Care Corporation's bonds to answer the following questions 1. How much cathod Co Corporation now on January 1, 2017 How much cash willa Corporation pay back at matuty? 2. How much as interest will Clarke Corporation pay each six months? 3. How much interest mense is a Corporation report on line 30, 2010, and on December 31, 2017 Does the amount of interest expense increase or decrease cach period? Why? Seminal Interest Date Jan 1, 2019 Jun 30, 2019 Dec 31, 2019 Jun 30, 2020 Account Balance De 100 94071 Blond Carrying Amount 098 100 5071 569.92 15.000 18.000 18.000 13.96 13 31 13.750 85.757