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can someone please show work & answer for part b please On January 1, 2022, Cheyenne Corporation issued $1,640,000 face value, 5%, 10-year bonds at
can someone please show work & answer for part b please On January 1, 2022, Cheyenne Corporation issued $1,640,000 face value, 5%, 10-year bonds at $1,519,294. This price resulted in an effective interest rate of 6% on the bonds. Cheyenne uses the effective interest method to amortize bond premium or discount The bonds pay annual interest January 1 (b) Prepare an amortization table through December 31, 2024 (three interest periods) for this bond issue. (Round answers to o decimal places, e.g. 125.) CHEYENNE CORP. Bond Discount Amortization Effective-Interest Method-Annual Interest Payments Interest Expense to Be Discount Recorded Amortization Annual Interest Periods Interest to Be Paid Unamor Disco Issue date $ $ $ 1 2 3 (b) Prepare an amortization table through December 31, 2024 (three interest periods) for this bond issue. (Round answers to 0 decimal places, eg. 125.) CHEYENNE CORP Bond Discount Amortization Effective-Interest Method-Annual Interest Payments Interest Expense to Be Discount Recorded Amortization Unamortized Discount Bond Carrying Value $ $
can someone please show work & answer for part b please
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