Alibaba issued 7% bonds, dated January 1, with a face amount of $900000 on January 1,2024. The bonds sold for $822,186 and mature in 2038 (15 years). For bonds of similar risk and maturity, the market yield was 8%. Interest is paid semiannually on June 30 and December 31. Assume Omar determines interest at the effective rate.

(Do not add a dollar sign; do not add comma by yourself to your amount; round the answer to the whole number;use minus sign if the amount is negative)

- What amount is related to the bonds that Alibaba will report in its balance sheet on December 31, 2024? ____

- What is the amount related to the bonds that Alibaba will report in its income statement for the year ended December 31,2024?(Ignore income taxes.) ____

- What is the amount related to the bonds that Alibaba will report in its statement of cash flows for the year ended December 31,2024? Be sure to list the category of activity in which the cash flow is in. ____ activities ____,____ activities ____

Assume Sunset Company purchased this entire bond issue sold by Omar, i.e.,7% of $900000 bonds, at $822186 on January 1, 2024. The market yield was 8%, and interest was paid semiannually on June 30 and December 31. Sunset is holding the bond investment as trading securities. The fair value of the bonds on December 31,2024, is $829186.

- At what amount will Sunset report this investment in the December 31,2024 balance sheet? _____

- What is the amount related to the bond investment that Sunset will report in its income statement for the year ended December 31,2024?(Ignore income taxes.) ____

- What is the amount related to the bonds that Alibaba will report in its statement of cash flows for the year ended December 31,2024? Be sure to list the category of activity in which the cash flow is in. ______ activities ____,____ activities ____