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4 ! Part 1 of 3 3.12 points Required information [The following information applies to the questions displayed below.) Coney Island Entertainment issues $1,300,000
4 ! Part 1 of 3 3.12 points Required information [The following information applies to the questions displayed below.) Coney Island Entertainment issues $1,300,000 of 7% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Calculate the issue price of a bond and complete the first three rows of an amortization schedule when: eBook Print References Required: 1. The market interest rate is 7% and the bonds issue at face amount. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round interest rate factors. Round your answers to nearest whole dollar.) Issue price $ 40 Date Cash Paid Interest Expense Change in Carrying Value Carrying Value 1/1/2021 6/30/2021 12/31/2021
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