1 ins Pool Corporation Inc. is the world's largest wholesale distributor of swimming pool supplies and equipment. It is a publicly traded corporation that trades on the NASDAQ exchange under the symbol POOL. It sells these products to swimming pool repair and service businesses, swimming pool builders, and retail swimming pool stores. The majority of these customers are small, family-owned businesses. Assume that Pool issued bonds with a face value of $750,000,000 on January 1 of this year and that the coupon rate is 5 percent. At the time of the borrowing, the market rate of interest was 4 percent. The debt matures in 10 years. Pool Days interest on this debt on June 30 and December 31 of each year, Required: 1 What was the issue price on January 1 of this year? (Do not round Intermediate calculations, Enter your answers in thousands rounded to the nearest whole thousand.) Issuno s 11,339 Book References 2. What amounts of interest expense should be recorded on June 30 and December 31 of this year? (Do not round intermediate calculations. Enter your answers in thousands rounded to the nearest whole thousand.) June 30 This Year December 31 Next Year 16.170 Interest experts 3. Determine the carrying amounts of the bonds on June 30 and December 31 of this year. (Do not round Intermediate calculations Enter your answers in thousands rounded to the nearest whole thousand) Issue pince $ 811,339 Joints Bock 2. What amounts of interest expense should be recorded on June 30 and December 31 of this year? (Do not round intermediate calculations. Enter your answers in thousands rounded to the nearest whole thousand.) Print June 30 December 31 This Year Next Year $16.2275 16.175 Interest expense References 3. Determine the carrying amounts of the bonds on June 30 and December 31 of this year. (Do not round intermediate calculations Enter your answers in thousands rounded to the nearest whole thousand.) June 30 Dec 31 Carrying amount of benda payable