Sikes Corporation, whose annual accounting period ends on December $31,$ issued the following bonds:

Date of bonds: January $1,2021$

Maturity amount and date: $$100,000$ due in $10$ years $($December $31,2030)$

Interest: $10$ percent per year payable each December $31$

Date issued: January $1,2021$

Required:

For each of the three independent cases that follow, provide the amounts to be reported on the January $1,2021,$ financial statements immediately after the bonds are issued. TIP: See Exhibit $10\mathrm{.}6$ for an illustration distinguishing Bonds Payable from their carrying value. $($Deductions should be indicated by a minus sign.$)$ EXHIBIT $10\mathrm{.}6$ Balance Sheet Reporting of Bond Liabilities

Bonds issued at a premium Bonds issued at face value Bonds issued at a discount

Bonds Payable $ $100,000$ Bonds Payable $ $100,000$ Bonds Payable $ $100,000$

Premium on Bonds Payable $7,260$ Discount on Bonds Payable $(6,624)$

Carrying Value $107,260$ Carrying Value $93,376$