1. INVESTMENTS - Available-for-sale Bond Investment - Discount: A corporation purchases a 100$1,000 bonds on 3/1, Year 6 , at 92.826, (plus accrued interest) semiannual interest is paid on 6/30 and 12/31 cach year. The stated rate is 10% and the yield 12%. The bond matures on 12/31, Year 10 . It is accounted for as an AFS investment. Cash paid to acquire the bond: Bond price $1,000x Accrued interest: ($ %= Total cash paid to acquire the bond x %x (12)=+ Semi-annual interest payment: (5%%/12)=5 Amortization schedule: Prepare the following amortization schedule for the dates indicated, rounded to nearest dollar. Record joumal entries on the next page. Check figures: 12/31, Year 7, carrying value at amortized cost is 595,092 . The FVA at 1231, Year 7, is 54,092. 1. INVESTMENTS - Available-for-sale Bond Investment - Discount: A corporation purchases a 100$1,000 bonds on 3/1, Year 6 , at 92.826, (plus accrued interest) semiannual interest is paid on 6/30 and 12/31 cach year. The stated rate is 10% and the yield 12%. The bond matures on 12/31, Year 10 . It is accounted for as an AFS investment. Cash paid to acquire the bond: Bond price $1,000x Accrued interest: ($ %= Total cash paid to acquire the bond x %x (12)=+ Semi-annual interest payment: (5%%/12)=5 Amortization schedule: Prepare the following amortization schedule for the dates indicated, rounded to nearest dollar. Record joumal entries on the next page. Check figures: 12/31, Year 7, carrying value at amortized cost is 595,092 . The FVA at 1231, Year 7, is 54,092