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See all photos + Add to Myriad Solutions, Inc. issued 12% bonds, dated January 1, with a face amount of $420 million on January 1,
See all photos + Add to Myriad Solutions, Inc. issued 12% bonds, dated January 1, with a face amount of $420 million on January 1, 2021, for $375,505,452 The bonds mature on December 31, 2030 (10 years). For bonds of similar risk and maturity the market yield is 14%. Interest is paid semiannually on June 30 and December 31. 11 00 Required: Complete the table below to calculate the amounts related to the bonds that Myriad would report in its financial statements Indicate the amounts reported on the financial statements below for the year ending December 31, 2021 Complete this question by entering your answers in the tabs below. Calculation Financial Statements Complete the table below to calculate the amounts related to the bonds that Myriad would report in its financial statements (Round your answers to the nearest whole dollac) Discount Period End Cash interest Paid Bond Interest Expense Amortization Carrying Valve 01/01/2021 0030/2021 12/31/2021 See all photos + Add to % ... 00 Required: Complete the table below to calculate the amounts related to the bonds that Myriad would report in its financial statements Indicate the amounts reported on the financial statements below for the year ending December 31, 2021 Complete this question by entering your answers in the ta Calculation 11 Statement 2021 Any Indicate the amounts reported on the Financial statements below for the wearing ember cash should be indicated to minus sign sind you were Balance sheet
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