On July 1, 2014, Salmon Corp.issued $600,000, 8% bonds at 99 plus accrued interest.The bonds are dated April 1, 2014 and mature on April 1, 2024.Interest is payable semi-annually on April 1 and October 1.How much did Salmon receive from the bond issuance?

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Salmon Corp. issued the bonds at 99% of the face value, which is $594,000 (99% of $600,000). Additionally, they received accrued interest for three months (April 1 to July 1) amounting to $12,000 (3/12 of 8% of $600,000), totaling $606,000.