State Bank has $500,000 of 6% debenture bonds outstanding. The bonds were issued at 102 in 2018 and mature in 2038. The bonds have annual interest payments Read the requirements Requirements. How much cash did State Bank receive when it issued these bonds? State Bank received at bond issuance Requirement 2. How much cash in total wil State Bank pay the bondholders through the maturity date of the bonds? State Bank wil pay the bondhoides through the maturity dute of the bonds Requirement 3. Calculate the difference between your answers to requirements 1 and 2 This difference represents State Bank's total interest expense over tho We of the bonds The difference between your answers to requirements 1 and 2 is Requirement a. compute State Bank's annual interest expense uning the straight-iro amortization method. Mullply this amount by 20. Your 20-year totes should be the same as your answer is requirement , State Bank's annual interest expense using the straight-line amortization mothod is Multiply the annual interest expense by 20 The 20-year straight-line interest totalis $ Is your 20-year total the same as your answer to requirement 37