1 The following information applies to the questions displayed below) The bonds mature in five years and pay interest semiannually every June 30 ket rate of interest of 12 percent. (E of $t Cron Corporation is planning to issue bonds with a face value of $770,000 and a coupon rate of 13 percent December 3t. All of the bonds were sold on January 1 of this year. Cron uses the effective-interest amortization method. Assume an annual mar S1, EVA ot St, and PVA ot Sn (Use the appropriate factors) from the tables provided.) Required informatiorn 3. 12.50 points Required: 1. What was the issue price on January 1 of this year ?(Round your final answers to nearest whole dollar amount.) References Book& Resources Learning Objective. 10-05 Report bonds payable and interest expense for bond secutios istued at a premiam Diffculty 2 Medium Worksheet Check my work Required informatio 12.50 points answers to nearest whole dollar amount 2. What amount of interest expense should be recorded on June 30 and December 31 of this year? (Round your final answers to Inberest experse 3. What amount of cash should be paid to investors June 30 and December 31 of this year? Cash paid References Book& Resources Leaming Objective 10-05 Report bonds payable and intrest expense for bond seourties issued at a premlum Dificulty 2 Medium Check my work Required information 2.50 points value of the bonds on June 30 and December 31 of this year? (Reund your final answers to nearest whole dollar amount WWhat in the book value of the bonds on June 30 and December 31 of this ords payable