Analyzing and Reporting Financial Statement Effects of Bond Transactions Assume that on January 1, Xfinity issues $500,000 of 5-year, 8% coupon bonds payable, yielding an effective annual interest rate of 10%. Interest is payable semiannually on June 30 and December 31.

D) Compute the issue price.

E) Complete Comcasts financial statement effects template for

a. bond issuance.

b. semiannual interest payment and premium amortization on Jun. 30 of the 1st year.

c. semiannual interest payment and premium amortization on Dec. 31 of the 1st year.

F) Prepare an amortization table for the bonds for the five years.