10 PROBLEM 1: CHAPTER 1W-LONG-TERM LIABILITIES (BOND TRANSACTIONS). On January 1,20x1, Maple Company issued five-year bonds with face amount of $200,000 and a stated interest rate of 8%, payable semiannually on June 30 and December 31. The Bonds effective rate was 6%. The present value factor for the present value of $1 for 10 periods at 3% is 74409; and the factor for the present value of ordinary annuity of $1 for 10 periods at 3% is 8.53020. 1a. Determine the issue price of the bonds (Epts. 16. Record the bonds issuance (3pts). (1c). Prepare an amortization table through the first three interest periods using the effective interest method (9 points) (1)PERIOD (2)CASH (3)INTEREST (4) PREMIUM (5)UNAMORTIZED (6)CARRYING INTEREST EXPENSE AMORTIZATION PREMUIM VALUE PAID 0 1 2 3 (1d). Prepare the journal entries to record the payment of interest on May 31, 2006 (6 points)