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Use the following to answer the next five questions:
On October 1, 2013, the City of Mizner issued $3,500,000 in 4%, general obligation bonds at 101 for the purpose of constructing an addition to City Hall. The premium was transferred to a debt service fund. A total of $3,475,000 was used to construct the addition, which was completed prior to June 30, 2014. The remaining funds were transferred to the debt service fund. The bonds were dated October 1, 2013, and paid interest on April 1 and October 1. The first of 20 annual principal payments of $175,000 is due October 1, 2014. The fiscal year for Mizner is July 1- June 30.
-What amount would be reported as debt service expenditures in the year ended June 30,2014?
Moderate Physical Activity
Exercises that elevate the heart rate to a level where speaking is possible but not easy, beneficial for overall health.
Moderately Vigorous Activity
Physical activity that is energetically demanding to some extent but not to the degree of causing excessive fatigue or physical stress.
Aerobic Exercise
Physical activity that improves cardiovascular endurance by promoting the circulation of oxygen through the blood.
Proper Shoes
Footwear that is well-fitted, suitable for one’s foot shape, and appropriate for specific activities to prevent injuries and improve comfort.
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