Question: Problem 1 4 - 2 4 ( Algo ) Accrued interest; effective interest; financial statement effects [ Appendix 1 4 A ] On March 1

Problem 14-24(Algo) Accrued interest; effective interest; financial statement effects [Appendix 14A]
On March 1,2024, Baddour, Incorporated, issued 10% bonds, dated January 1, with a face amount of $160 million.
The bonds were priced at $143.75 million (plus accrued interest) to yield 12%.
The price if issued on January 1 would have been $141.00 million.
Interest is paid semiannually on June 30 and December 31.
Baddour's fiscal year ends September 30.
Required:
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?
Note: Enter your answers in whole dollars. Negative amounts should be indicated by a minus sign.
 Problem 14-24(Algo) Accrued interest; effective interest; financial statement effects [Appendix 14A]

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