Question: On March 1 , 2 0 2 4 , Baddour, Incorporated, issued 1 0 % bonds, dated January 1 , with a face amount of

On March 1,2024, Baddour, Incorporated, issued 10% bonds, dated January 1, with a face amount of $160 million.
The bonds were priced at $140 million (plus accrued interest) to yield 12%.
The price if issued on January 1 would have been $137.25 million.
Interest is paid semiannually on June 30 and December 31.
Baddours fiscal year ends September 30.
Required:
1. to 3. What would be the amount(s) related to the bonds Baddour would report in its balance sheet, income statement and statement of cash flows for the year ended September 30,2024?

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