Question: Acheron Co . ' s December 3 1 , Year 1 , balance sheet contained the following items in the long - term liabilities section:

Acheron Co.'s December 31, Year 1, balance sheet contained the following items in the long-term liabilities section:
Unsecured
5.375% registered bonds ( $25,000 maturing annually beginning in Year 4) $550,000
6.5% convertible bonds, callable beginning in Year 10, due Year 21 $225,000
Secured
4.875% guaranty security bonds, due Year 21
$500,000
5.0% commodity-backed bonds
( $50,000 maturing annually beginning in Year 5)
$150,000
What are the total amounts of term bonds and debenture bonds?
)
Acheron Co . ' s December 3 1 , Year 1 , balance

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