Question: Compute bond proceeds, amortizing premium by interest method, and interest expense Open spreadsheet Compute the following: a . The amount of cash proceeds from the
Compute bond proceeds, amortizing premium by interest method, and interest expense
Open spreadsheet
Compute the following:
a The amount of cash proceeds from the sale of the bonds. Round your answer to the nearest dollar.
$
b The amount of premium to be amortized for the first semiannual interest payment period, using the interest method. Round your answer to the nearest dollar.
$
d The amount of the bond interest expense for the first year. Round your answer to the nearest dollar.
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