Chapter 14-Bond Project Calculate carrying value for each scenario below Please use the following data as base for all 3 scenarios; provide detail for your calculations and indicate whether bonds are sold at premium or discount. Face Amount $100,000 . . Contract Rate 12% Interest semiannually on June 30, and Dec 31 Terms of Bond 5 years Scenario 1 interest is 12% Par Value N (# of periods Market Rate of I (Interest rate)- Table Value Amount Total Interest Price of Bond Scenario 1 Market Rate of interest is 13% N= 1= Table ValueAmount Total Par Value Interest Price of Bond