ars Corporation praces and sells football wipment. On July 3, Year 1, Rodgers Corporation ved $12,000,000 of 10 year, 12% Sonds at a market (effective) interest rate of 10%, receiving cash of $13,405,471 Interest in the bond ps semanale in December 21 and June 30. The fiscal year of the comp the calendar year Required fre a mal ories. It an amiant bow does hist reges at entry, leave it Mak In the fry is card the amount of cash proceeds from the ance of the bonds in Jufe 3, Years 2. des the stress record the folowing The best sentrual interest pement in December 31, ar 1, and the amortization of the bind prin ang the tight wethod Round to the searest dollar. The Merment June 30, war 2, and the amortization at the bind gresian asing the straighte method. Round to the nearest der 3. Dine the total interest eems for ear 1. Round to the nearest dollar As the beds as he greater than the face mut of f ends when the contract is greater than the market ste of w 5. Corps the gif 11149547 ved facthe bonds by sg Prant piest, and Pest la c Bound to the nearest dollar i tal a vary slights from the get rounding Pak the fac NOE