Aqua Zone issues $1.2 million, 7% bonds on January 1, 2021, that mature in twenty years. The market interest rate for bonds of similar risk and maturity is 6% and the bonds issue for $1,338,689. Interest is paid semi-annually on June 30 and December 31

- D. Aqua Zone issues $1.2 million, 7% bonds on January 1, 2021, that mature in twenty years. The market interest rate for bonds of similar risk and maturity is 6% and the bonds issue for $1,338,689. Interest is paid semi-annually on June 30 and December 31.~ - Required: - Part 1. Fill in the blanks to the first three rows of the amortization schedule below (1pt) - Part 2. Record the issuance of the bonds on January 1, 2021. 1 pt.~ - Part 3. Record the interest payments on June 30, 2021 and December 31, 2021 1/2 pt.