Messier Company is planning to finance several projects and wants you to determine the cash inflows and outflows of the following bonds. The market interest rate for Messier Company is 8 percent.
1. $100,000, 8 percent note, interest payable quarterly, due in eight years.
2. $500,000, 6 percent note, interest payable semiannually, due in 10 years.
3. $250,000, 10 percent note, interest payable semiannually, due in six years.

Required:

A. What is the cash Messier will receive from each note?
B. What are the annual cash outflows for each note?
C. What are the total cash outflows for each note?