Sunset Drive-Ins borrowed money by issuing $4,500,000 of 7% bonds payable at 92.5. Interest is paid semiannually. Requirements 1. How much cash did Sunset receive when it issued the bonds payable? 2. How much must Sunset pay back at maturity? 3. How much cash interest will Sunset pay each six months? Requirement 1. How much cash did Sunset receive when it issued the bonds payable? Sunset received $ L w hen the bonds payable were issued. Requirement 2. How much must Sunset pay back at maturity? At maturity, Sunset must pay back $ C Requirement 3. How much cash interest will Sunset pay each six months? Sunset will pay interest of $ each six months