Question: Problem 14-10 Your answer is partially correct. Try again Presented below are four independent situations (a) On March 1, 2018, Shamrock Co. issued at 104

Problem 14-10 Your answer is partially correct. Try again Presented below are four independent situations (a) On March 1, 2018, Shamrock Co. issued at 104 plus accrued interest $4,270,000, 9% bonds. The bonds are dated January 1, 2018, and pay interest semiannually on July 1 and January 1. In addition, Shamrock Co. incurred $28,000 of bond issuance costs Compute the net amount of cash received by Shamrock Co. as a result of the issuance of these bonds. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 5,275.) Net amount of cash received 10817800.00
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