Christmas Anytime issues $740,000 of 6% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year.

Calculate the issue price of a bond and complete the first three rows of an amortization schedule when:

Required:

1. The market interest rate is 6% and the bonds issue at face amount.

issue price=

Date	Cash Paid	Interest Expense	Change in Carrying Value	Carrying Value
01/01/2021				not attempted
06/30/2021	not attempted	not attempted	not attempted	not attempted
12/31/2021	not attempted