Required Compute the cash proceeds from bond issues under the following terms For each case, indicate whether the bonds sold at a premium or discount (Round your answers to nearest dollar amount ) Cash Proceeds Discount or Premium a Pear, Inc issued $203,000 of 10 year, 8 percent bonds at 102 b Apple, Inc issued $85,000 of five year, 12 percent bonds at 98 c Cherry Co issued $114,000 of five year, 6 percent bonds at 102 1 4 d Grape, Inc issued $28,000 of four year, 8 percent bonds at 99 00

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Question: Required Compute the cash proceeds from bond issues under the following terms. For each case, indicate whether the bonds sold at a premium or discount.

Required

Compute the cash proceeds from bond issues under the following terms. For each case, indicate whether the bonds sold at a premium or discount. (Round your answers to nearest dollar amount.)

		Cash Proceeds	Discount or Premium
a.	Pear, Inc. issued $203,000 of 10-year, 8 percent bonds at 102.
b.	Apple, Inc. issued $85,000 of five-year, 12 percent bonds at 98.
c.	Cherry Co. issued $114,000 of five-year, 6 percent bonds at 102 1/4.
d.	Grape, Inc. issued $28,000 of four-year, 8 percent bonds at 99.00.

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