Can you please solve this problem (#34)? Thank you!

1 $80,000 of 6%, 10-year bonds when the market 55,390 ,478 rate of interest is 7% 2. $60,000 of 8%, 6-year bonds when the market Mart's current ratio for each year and following questions: ompany more or less liquid in the ear? a investor be concerned that the current s than 1.07 Why or why not? kely to be the most important factor in being able to pay its current liabilities ymanner? (Hint: Think about its largest set.) rate of interest is 6% 3. $120,000 of 10% , 5-year bonds when the market rate of interest is 8% Required Calculate the issuance price for each bond 34. Appendix-Bond Interest and Amortization LO-, 8 On January 1, 2012, Tallakson Company issues a $50,000, 5-year, 8% bond with interest payable an- nually on December 31. The market interest rate at issuance is 10%. Tallakson uses the effective interest method of amortization. bilities eeds to raise $10 million to expand its : is considering two options: (1) issuing ssuing common stock. Currently, the lance sheet shows the following (in LO6 Required a. Determine the issuance price of the bond by us- ing the appropriate table(s) in Appendix A. b. Prepare the entry for the first interest payment on December 31, 2012 C. Prepare an amortization schedule for the bond. Equity Liabilities $37.9 $15.9 243 Chapter 9.1iabiles