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1 . Complete the amortization schedule. ( Make sure that the unamortized discount / premium equals to ' 0 ' and the Net Liability equals

1. Complete the amortization schedule. (Make sure that the unamortized discount/premium equals to '0' and the Net Liability equals to face value of the bond in the last period. Enter your answers in thousands of dollars. Round intermediate calculations and final answers to the nearest whole dollars. Enter all amounts as positive values.) What was the maturity amount of the bonds? (Enter your answer in thousands of dollars.)
2. What was the maturity amount of the bonds? (Enter your answer in thousands of dollars.)
3. How much cash was received at the date of issuance (sale) of the bonds? (Enter your answer in thousands of dollars.)
4. What was the amount of discount or premium on the bond? (Enter your answer in thousands of dollars.)
5. How much cash will be disbursed for interest each period and in total for the full life of the bond issue? (Enter your answer in thousands of dollars.)
6. What method of amortization is being used?
7. What is the coupon rate? (Round percentage answer to 1 decimal place (i.e.,0.124 should be entered as 12.4).)
8. What is the market interest rate on the date of issuance of the bonds? (Round percentage answer to the nearest whole number.)
9. What amount of interest expense should be reported on the statement of earnings each year? (Enter your answers in thousands of dollars.)
10. Show how the bonds should be reported on the statement of financial position at the end of each year (show the last year immediately before repayment of the bond (Enter your answers in thousands of dollars.)
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