Question: Moving to another question will save is response Questions Question 3 4 points Melody Corporation issued $800,000 of 5%, 10-year bonds on January 1, 2021,

 Moving to another question will save is response Questions Question 3

Moving to another question will save is response Questions Question 3 4 points Melody Corporation issued $800,000 of 5%, 10-year bonds on January 1, 2021, for $636,916. This price provided a yield of 8% on the bonds. Interest is payable semiannually on June 30 and December 31. of Melody uses the effective interest method, the amount of cash inflows (outfiows) listed under financing activities related to the bonds transaction on statement of cash flows for the year ended on December 31, 2021 should be $585,744 $(40,000) $596,916 $636,916 Moving to another question will save the respons Question 2016 Chase

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