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am i computing wrong? Analyzing and Reporting Financial Statement Effects of Bond Transactions ( FSET ) On January 1 , Hutton Corp. issued $ 4

am i computing wrong? Analyzing and Reporting Financial Statement Effects of Bond Transactions (FSET)
On January 1, Hutton Corp. issued $400,000 of 15-year, 11% bonds payable for $503,753, yielding an effective interest rate of 8%. Interest is payable semiannually on June 30 and December 31.
a. Show computations to confirm the issue price of $503,753.
Note: Round your answers to the nearest whole dollar.
rate method.
-Note: Use negative signs with your answers, when appropriate.
-Note: Select "N/A" as your answer if a part of the accounting equation is not affected.
Note: Carry all decimals in calculations; round the final answer to the nearest dollar.
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