On july 1, 2019, $7.0 million face amount of 8%, 12-year bonds were issued. the bonds pay interest on an annual basis on june 30 each year. the market interest rates were slightly higher than 8% when the bonds were sold. required: how much interest will be paid annually on these bonds? (enter your answer in whole dollar, not in millions) were the bonds issued at a premium or discount? will the annual interest expense on these bonds be more than, equal to, or less than the amount of interest paid each year?

The blumer company entered into the following transactions during 2012: 1. the company was started with $22,000 of common stock issued to investors for cash. 2. on july 1, the company purchased land that cost $15,500 cash. 3. there were $700 of supplies purchased on account. 4. sales on account amounted to $9,500. 5. cash collections of receivables were $5,500. 6. on october 1, 2012, the company paid $3,600 in advance for a 12-month insurance policy that became effective on october 1. 7. supplies on hand as of december 31, 2010 amounted to $225. the amount of cash flow from investing activities would be: