Exercise $7\mathrm{.}17$A $($Algo$)$ Determining cash receipts from bond issues LO $7\mathrm{.}8,7\mathrm{.}9$

Required:

Compute the cash proceeds from bond issues under the following lerps. For each case. indicate whether the bonds sold at a premilum of discount.

Note: Do not round intermediote celculetions. Round your onswers to nesrest dollor amount.

$\backslash$table$[[,\backslash$table$[[$Cash$],[$Procetds$]],\backslash$table$[[$Discount or$],[$Premium$]]],[$a Pes, incoporated isused $$202,000$ of $10$ year, & pescent bonds at $100.,,],[$b$.$ Aspit, Incoporated issoud $$138,000$ of flve$-$year, $12$ percent bonds at $97,,],[$c$.$ Chemy Conouny issued $$101,000$ of tive$-$yar, $6$ percent bonds at $102$ i$/4,,],[4.$ Grape, incorporaled ssued $$20,000$ of fou:yar, $8$ percent bonds at $90.,,]]$