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U OG U) Rarkin Corporation und 5640.000 at 12 year bonds payable on March 31, 2015. The market interest rate at these of issuance was

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U OG U) Rarkin Corporation und 5640.000 at 12 year bonds payable on March 31, 2015. The market interest rate at these of issuance was and the bonds pay frustmannay Rankon Corporation's man end in March 31 Review the following arration table for Rankin's bonds (Click the con to view the amortation tablo Road the regulations 1. How much cashid Rankon Corporation brow on March 31, 2019? How much is the company pay back amatory on March 31 20017 Rankin borrowd cash in the amount of 5 on March 31 2010 Hofernon Requirements - X Bond Semiannual Interest Interest Discount Discount Carrying Payment Expense Amortization Balance Amount Mar 31.2010 $ 22.7715 547.220 Sep 30, 2010 3 224005 24.6255 2.225 90.566 549454 Mar 31, 2020 2325 88.221 551,779 Sep 30, 2020 22.400 2,430 85,791 554209 Using the amortization table for Rankinis bonds answer the questions below 1. How much cash did Rank Corporation borrow on March 31, 2017 How much cash will the compay back at maturity on March 31, 2017 2. How much cash interest wil the company pay each six moda? 3. How much interest expense will Rankin Corporation report on Super 30 2019, and on March 31, 2020? Why does the amount of interes pense increase cach period? HK Answer Print Done

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