On January 1, Year 1, Mainland, Inc., issued five year, 9% bonds with a face value of $500,000 for cash of $520,275. The bonds mature in five years and interest is payable annually on December 31. The market rate was 8% on the date the bonds were issued. The market rate rose to 11% on December 31, Year 1. Mainland uses the effective-interest amortization method. What amount of interest expense will be recognized on December 31, Year 1?

Afirm plans to begin production of a new small appliance. the manager must decide whether to purchase the motors for the appliance from a vendor at $10 each or to produce them in-house. either of two processes could be used for in-house production; process a would have an annual fixed cost of $200,000 and a variable cost of $7 per unit, and process b would have an annual fixed cost of $175,000 and a variable cost of $8 per unit. determine the range of annual volume for which each of the alternatives would be best. (round your first answer to the nearest whole number. include the indifference value itself in this answer.)