Problem A.

On January 1, 20x1 , Ana Mabuti issued a n 8% P 10M bonds payable in equal annual
installments of 2M every December 31 plus interest starting December 31, 20x1. The
bonds are issued to yield 5% interest.  Ana Mabuti redeemed the bonds on July 31,
20x3  at  98% plus accrued interest. 
What is the carrying value of the bond on December 31, 20x2?
 
6,332,100 to 6,332,105 inclusive

Problem A.
On January 1, 20x1 , Ana Mabuti issued a n 8% P 10M bonds payable in equal annual
installments of 2M every December 31 plus interest starting December 31, 20x1. The
bonds are issued to yield 5% interest.  Ana Mabuti redeemed the bonds on July 31,
20x3  at  98% plus accrued interest. 
What is the carrying value of the bond the date of redemption?
6,236,780 to 6,236,800 inclusive

Problem A.
On January 1, 20x1 , Ana Mabuti issued a n 8% P 10M bonds payable in equal annual
installments of 2M every December 31 plus interest starting December 31, 20x1. The
bonds are issued to yield 5% interest.  Ana Mabuti redeemed the bonds on July 31,
20x3  at  98% plus accrued interest. 
How much cash was paid at the date of redemption?
6,160,000 to 6,160,000 inclusive

Problem A.
On January 1, 20x1 , Ana Mabuti issued a n 8% P 10M bonds payable in equal annual
installments of 2M every December 31 plus interest starting December 31, 20x1. The
bonds are issued to yield 5% interest.  Ana Mabuti redeemed the bonds on July 31,
20x3  at  98% plus accrued interest. 
What is the gain or loss on redemption?
356,780 to 356,800 inclusive

Problem A.
On January 1, 20x1 , Ana Mabuti issued a n 8% P 10M bonds payable in equal annual
installments of 2M every December 31 plus interest starting December 31, 20x1. The
bonds are issued to yield 5% interest.  Ana Mabuti redeemed the bonds on July 31,
20x3  at  98% plus accrued interest. 
How much was the interest expense as recorded in the statement of Financial
Performance on December 31, 20x3?
184,680 to 184,690 inclusive

Problem A.
On January 1, 20x1 , Ana Mabuti issued a n 8% P 10M bonds payable in equal annual
installments of 2M every December 31 plus interest starting December 31, 20x1. The
bonds are issued to yield 5% interest.  Ana Mabuti redeemed the bonds on July 31,
20x3  at  98% inclusive of accrued interest. 
What is the gain or loss on redemption?

636,780 to 636,790 inclusive

Problem A.
On January 1, 20x1 , Ana Mabuti issued a n 8% P 10M bonds payable in equal annual
installments of 2M every December 31 plus interest starting December 31, 20x1. The
bonds are issued to yield 5% interest.  Ana Mabuti redeemed the bonds on July 31,
20x3  at  98% inclusive of accrued interest. 
How much cash was paid at the date of redemption?
5,880,000

On January 1, 20x1 , Ana Mabuti issued a n 8% P 10M bonds payable in equal annual
installments of 2M every December 31 plus interest starting December 31, 20x1. The
bonds are issued to yield 5% interest.  Ana Mabuti redeemed  30% of the bonds on July
31, 20x3  at (a) 98% plus accrued interest. ;
 
How much cash was paid at the date of redemption?
1,848,000

On January 1, 20x1 , Ana Mabuti issued a n 8% P 10M bonds payable in equal annual
installments of 2M every December 31 plus interest starting December 31, 20x1. The
bonds are issued to yield 5% interest.  Ana Mabuti redeemed  30% of the bonds on July
31, 20x3  at (a) 98% plus accrued interest. ;
 
What is the gain or loss on redemption? Provide the numeric answer.
107,030 to 107,040 inclusive

On January 1, 20x1 , Ana Mabuti issued a n 8% P 10M bonds payable in equal annual
installments of 2M every December 31 plus interest starting December 31, 20x1. The
bonds are issued to yield 5% interest.  Ana Mabuti redeemed  30% of the bonds on July
31, 20x3  at (a) 98% plus accrued interest. ;
 
How much was the interest expense recorded in the statement of Financial
Performance on December 31, 20x3?
277,020 to 277,030 inclusive

On January 1, 20x1 , Ana Mabuti issued a n 8% P 10M bonds payable in equal annual
installments of 2M every December 31 plus interest starting December 31, 20x1. The
bonds are issued to yield 5% interest.  Ana Mabuti redeemed  30% of the bonds on July
31, 20x3  at (a) 98% plus accrued interest. ;
 
What is the carrying value of the remaining bonds on December 31, 2024?
1,439,997 to 1,440,002 inclusive

On January 1, 20x1 , Ana Mabuti issued a n 8% P 10M bonds payable in equal annual
installments of 2M every December 31 plus interest starting December 31, 20x1. The
bonds are issued to yield 5% interest.  Ana Mabuti redeemed  30% of the bonds on July
31, 20x3  at (a) 98% inclusive of accrued interest.
 
How much cash was paid at the date of redemption
 
1,764,000

On January 1, 20x1 , Ana Mabuti issued a n 8% P 10M bonds payable in equal annual
installments of 2M every December 31 plus interest starting December 31, 20x1. The
bonds are issued to yield 5% interest.  Ana Mabuti redeemed  30% of the bonds on July
31, 20x3  at (a) 98% inclusive of accrued interest.
 
What is the amount of gain or loss on redemption? Provide the numeric answer.
191,030 to 191,040 inclusive