8 ) Farmer Company issues $ 25,000,000 of 10-year , 9 % bonds on March 1 , 2014 at 97 plus accrued interest . The bonds are dated January 1 , 2014 , and pay interest on June 30 and December 31 . What is the total cash received on the issue date ?
9 ) On its December 31 , 2014 balance sheet , Emig Corp . reported bonds payable of $ 3,000,000 and related unamortized bond issue costs of $ 160,000 . The bonds had been issued at par . On January 2 , 2015 , Emig retired $ 1,500,000 of the outstanding bonds at par plus a call premium of $ 35,000 . What amount should Emig report in its 2015 income statement as loss on extinguishment of debt ( ignore taxes )?
10 ) Feller Company issues $ 15,000,000 of 10-year , 9 % bonds on March 1 , 2014 at 97 plus accrued interest . The bonds are