Question: e ACCOUNTING mework Unit 4 instructions I help 200 points Problem 7-32 Part b January 1, 2016, Learned, inc. issued $70 mmon face amount of
e ACCOUNTING mework Unit 4 instructions I help 200 points Problem 7-32 Part b January 1, 2016, Learned, inc. issued $70 mmon face amount of 20-year, 14% stated rate bonds when market interest rates 31 and mature on December 31, 2035 Assuming Learned, Inc u expense as of June 30, 2016 and then December 31, 2016 t were 16% The bonds pay semiannual merest each Ane 30 and interest method, what would be the total interest expense for 20167 Hint you will need to calculate inter uses the effective (compoundi to determine the total interess expense for the year Be sure to round your answer to the nearest dolar References Numeric Response Problem 7-32 Check my wotks
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