Ava, Inc. issued 7% bonds, dated January 1 with a face amount of $235,400 on January 1 2016 for an issue price of 106.5 The bonds mature on December 31 2025 (10 years). For bonds of similar risk and maturity the market yield is 10%. Interest is paid annually on December 31 What is the interest payment on the bond? tion 10 0 out of 0.2 points On March 1 of the current year, Kate Corp. issued $250,000 of 11% bonds payable at par with interest payment dates of Feb 1 and August 1, In its income statement for the current year ended December 31, what amount of interest expense should Kate report? tion 11 0 out of 0.2 points On June 1 of the current year, Kate Corp. issued $253,000 of 12% bonds payable at par with interest payment dates of May 1 and November 1, In its income statement for the current year ended December 31, what amount of accrued bond interest payable should Kate report