7 On January 1, 2024, Baddour, Incorporated, issued 10%, 12-year bonds with a face amount of $163 million.●The bonds were priced at $143 million to yield 12%.• Interest is paid semiannually on June 30 and December 31.• Baddour's fiscal year ends September 30.Required:1. What amount(s) related to the bonds would Baddour report in its balance sheet at September 30, 2024?2. What amount(s) related to the bonds would Baddour report in its income statement for the year ended September 30,2024?3. What amount(s) related to the bonds would Baddour report in its statement of cash flows for the year ended September30, 2024? In which section(s) should the amount(s) appear?Note: For all requirements, enter your answers in whole dollars.1. Net bonds payable1. Interest payable2. Interest expense for fiscal 20243. Sale of bonds3. Cash interest paid14,767,250$4,000,000$ 12,612,000$ 140,000,000 Outflow from financing activities8,000,000 Inflow from operating activities$

Bonds refer to the financial instruments that are issued by financial institutions and the…

On January 1, 2024, Baddour, Incorporated, issued 10%, 12-year bonds with a face amount of $163 million. • The bonds were priced at $143 million to yield 12%. • Interest is paid semiannually on June 30 and December 31. • Baddour's fiscal year ends September 30. Required: 1. What amount(s) related to the bonds would Baddour report in its balance sheet at September 30, 2024? 2. What amount(s) related to the bonds would Baddour report in its income statement for the year ended September 3 2024? 3. What amount(s) related to the bonds would Baddour report in its statement of cash flows for the year ended Septen 30, 2024? In which section(s) should the amount(s) appear?