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5 Part 2 of 4 Required information [The following information applies to the questions displayed below] On January 1, 2024, Vacation Destinations Issues $40
5 Part 2 of 4 Required information [The following information applies to the questions displayed below] On January 1, 2024, Vacation Destinations Issues $40 million of bonds that pay interest semiannually on June 30 and December 31. Portions of the bond amortization schedule appear below. ellook (1) Date 1/1/2024 6/30/2024 (2) Cash Paid for (0) (4) Increase in (5) Interest Interest Expense Carrying Value Carrying Value 12/31/2024 $1,400,000 1,400,000 $1,491,277 1,494,928 191,277 94,928 $37,281,935 37,373,212 17,468,140 2. What is the original issue price of the bonds? (Enter your answer in whole dollars, not millions (ie., $5.5 million should be entered as 5,500,000).) Issue poce
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