Question: answer both and just the answer Multiple Choice Question 178 Cullumber Company received proceeds of $844000 on 10-year, 5% bonds issued on January 1, 2019.

answer both and just the answer  answer both and just the answer Multiple Choice Question 178 Cullumber
Company received proceeds of $844000 on 10-year, 5% bonds issued on January

Multiple Choice Question 178 Cullumber Company received proceeds of $844000 on 10-year, 5% bonds issued on January 1, 2019. The bonds had a face value of $896000, pay interest annually on December 31, and have a call price of 102. Cullumber uses the straight-line method of amortization. What is the amount of interest Cullumber must pay the bondholders in 2019? $42200 $44800 $39600 $50000 Multiple Choice Question 73 A company purchased inventory as follows: 192 units at $5.80 288 units at $6.30 The average unit cost for inventory is $6.30. O $5.80. $6.05. O $6.10

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