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Citywide Company issues bonds with a par value of $73,000. The bonds mature in five years and pay 8%6 annual interest in semiannual payments. The

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Citywide Company issues bonds with a par value of $73,000. The bonds mature in five years and pay 8%6 annual interest in semiannual payments. The annual market rate for the bonds is 6%. (Iable B1. Table B.2. Table B.3, and Table B.4) Note: Use oppropriate factor(s) from the tables provided. 1. Compute the price of the bonds as of their issue date. 2. Prepare the journal entry to record the bonds' issuance. Complete this question by entering your answers in the tabs below. Compute the price of the bonds as of their issue date. Note: Round intermediate calculations to the nearest dollar amount. Complete this question by entering your answers in the tabs below. Prepare the journal entry to record the bonds' issuance. Note: Round intermediate calculations to the nearest dollar amount. Journal entry worksheet Record the issuance of the bonds for cash. Note: Enter debits before credits. Table B.I* Protent Valae of I Table It 2 V Futere Value of 1 f=(1+ Table B.3tPresent Value of an Aanuity of 1 p=[11/(1+i)n]/i for 10 jears is the equmatern of $12,835 foday ($2,0006.4177). Talile it 4 F Fatere Valae of an Aanaity of I f=[(1+0n1]}

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