The government issues the bonds described in question 2. It makes its first semiannual interest payment of $30,000. How much interest expense/expenditure would it likely have to report in its government-wide and governmental fund statements? a. b. c. d. Government-Wide Fund $30,000 $30,160 $30,160 $30,160 $30,000 $30,160 $

kindly note Question # 2 as below

A government issues $1 million in 30-year, 6 percent coupon bonds at a discount of $27,092. The bonds were sold to yield 6.2 percent. At what amount would the bonds be reported (net) in the govern-ment-wide statement of net position and governmental fund balance sheet immediately upon issuance?