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3. Calculations. Question Group (16 Points) (1) Graceland Company issued $10,000,000 face value, 11%, 10-year bonds at the beginning of 2019. The bonds pay
3. Calculations. Question Group (16 Points) (1) Graceland Company issued $10,000,000 face value, 11%, 10-year bonds at the beginning of 2019. The bonds pay semiannual interest each January 1 and July 1. Graceland Company uses the effective interest method to amortize the bond premium. Presented below is a partial amortization schedule. Please compute the missing amount for (1) - (4). Interest Period January 1, 2019 July 1, 2019 Cash Paid Interest Expense Premium Amortization Bond Carrying Value 11,300,794 ??? 508,536 ??? ??? December 31, 2019 Fill In Blanks (8 Points) (Please fill in the answers in the order of the questions) I (2 G
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