The accounting records of Braintree Foods, Inc., include the following items at December 31, 20X0: E (Click the icon to view the accounting records.) - X Data table Read the requirements. Mortgage note payable, Requirement 1. Show how each relevant item would be reported on the Braintree Foods, Inc. classified balance sheet, including headings and totals for current $ $ 162,000 Braintree Foods, Inc. Partial Balance Sheet December 31, 20X0 Accumulated depreciation, 92,000 equipment Discount on bonds payable 455,000 (all long-term) 1,500,000 Operating income. Equipment 318,000 Pension plan assets 27,000 370,000 Assets Accumulated pension benefit obligation Bonds payable, long-term. Mortgage note.payable long-term ... Bonds payable, current portion Interest expense Liabilities 744,000 420,000 100,000 (market value) 229,000 Interest payable 72,000 Print Done Less Requirements Requirement 2. Answer the following questions about Braintree's financial position at December 31, 20X0: a. What is the carrying amount of the bonds payable (combine the current and long-term amounts)? $ b. Why is the interest payable amount so much less than the amount of interest expense? Interest payable is the 1. Show how each relevant item would be reported on the Braintree Foods, Inc., classified balance sheet, including headings and totals for current liabilities and long-term liabilities. 2. Answer the following questions about Braintree's financial position at December 31, 20X0: a. What is the carrying amount of the bonds payable combine the current and long-term amounts)? b. Why is the interest-payable amount so much less than the amount of interest expense? 3. How many times did Braintree cover its interest expense during 20X0? Interest expense is the Requirement 3. How many times did Braintree cover its interest expense during 20X0? (Round your answer to two decimal places.) Braintree covered its interest expense times