On January 1, 2011, $937,000, 5-year, 10% bonds, were issued for $908,890. Interest is paid semiannually on January 1 and July 1. If the issuing corporation uses the straight-line method to amortize discount on bonds payable, what is the semiannual amortization amount?
Select the correct answer.
$2,811
$28,110
$46,850
$5,622
Based on the following data, what is the amount of working capital?
Accounts payable $28,378
Accounts receivable $68,496
Accrued liabilities $6,672
Cash $16,602
Intangible assets $35,713
Inventory $74,341
Long-term investments $104,529
Long-term liabilities $72,090
Marketable securities $32,550
Notes payable (short-term) $25,357
Property, plant, and equipment $628,468
Prepaid expenses $1,561
Select the correct answer.
$117,648
$193,550
$962,260
$133,143
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