Accounting II Homework Chapter 14: Issuance of Long-Term Liabilities-Bonds Problem 1: 1) On 1/1/21, Apple issued a $70,000,000,8%,10-year bond that pays semiannual interest on June 30 and December 31 , receiving cash of $69,700,000. 2) On June 30, 2021, Apple made the first interest payment of the bonds issued on Jan. 1. 2021. Use the SLM for the discount amortization. Problem 2: 3) On 1/1/21, Pepsi issued a $90,000,000,10%,5-year bond that pays semiannual interest on June 30 and December 31 , receiving cash of $91,000,000 4) On June 30, 2021, Pepsi made the first interest payment of the bonds issued on Jan. 1. 2021. Use the SLM for the premium amortization. Accounting II Homework Chapter 14: Issuance of Long-Term Liabilities-Bonds Problem 1: 1) On 1/1/21, Apple issued a $70,000,000,8%,10-year bond that pays semiannual interest on June 30 and December 31 , receiving cash of $69,700,000. 2) On June 30, 2021, Apple made the first interest payment of the bonds issued on Jan. 1. 2021. Use the SLM for the discount amortization. Problem 2: 3) On 1/1/21, Pepsi issued a $90,000,000,10%,5-year bond that pays semiannual interest on June 30 and December 31 , receiving cash of $91,000,000 4) On June 30, 2021, Pepsi made the first interest payment of the bonds issued on Jan. 1. 2021. Use the SLM for the premium amortization