you had been given the following concerning ABC Company CALLABLE bonds: Value Stated Rate Market Rate Maturity Interest Date Payment 1/7/2017 100,000 10 % 6 5 Years Semiannual Selling Price 117,060 Based on the above given information Answer the following questions if the company is using the effective interest method 1. If the company pays interest on July 14 and December 31 What is the amount of interest expense that must be presented on the company's income statement for the year 2018 ?. The Answer is: 2 At what value must the company present its bonds payable as 31/12/2018 ? . The Answer is 3. If the company called 60% of its outstanding bonds at 103 on 30/6/2019, then the company must. Pay Cash with an amount of For the year 2019 the company must Present interest Expense with value of on income statement, and a . of on the income statement as you had been given the following concerning ABC Company CALLABLE bonds: Value Stated Rate Market Rate Maturity Interest Date Payment 1/7/2017 100,000 10 % 6 5 Years Semiannual Selling Price 117,060 Based on the above given information Answer the following questions if the company is using the effective interest method 1. If the company pays interest on July 14 and December 31 What is the amount of interest expense that must be presented on the company's income statement for the year 2018 ?. The Answer is: 2 At what value must the company present its bonds payable as 31/12/2018 ? . The Answer is 3. If the company called 60% of its outstanding bonds at 103 on 30/6/2019, then the company must. Pay Cash with an amount of For the year 2019 the company must Present interest Expense with value of on income statement, and a . of on the income statement as