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complete both parts On June 30, 2021. Singleton Computers issued 5% stated rate bonds with a face amount of $280 million. The bonds mature on

complete both parts
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On June 30, 2021. Singleton Computers issued 5% stated rate bonds with a face amount of $280 million. The bonds mature on June 30, 2036 (15 years). The market rate of interest for similar bond issues was 4% (2.0% semiannual rate). Interest is paid semiannually (2.5%) on June 30 and December 31, beginning on December 31, 2021. (V of $1. PV or $1. EVA of $1. PVA of $1. EVAD of S1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: 1. Determine the price of the bonds on June 30, 2021, 2. Calculate the interest expense Singleton reports in 2021 for these bonds using the effective interest method. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the price of the bonds on June 30, 2021. (Enter your answers in whole dollars. Round percentage answers to one decimal place. Round your final answers to nearest whole dollar amount.) Table values are based on: n = 1 Amount Present Value Cash Flow Interest Principal Price of bonds RE Required 2 > On June 30, 2021, Singleton Computers issued 5% stated rate bonds with a face amount of $280 milion. The bonds mature on June 30, 2036 (15 years). The market rate of interest for similar bond issues was 4% (2.0% semiannual rate) Interest is paid semiannually (2.5%) on June 30 and December 31, beginning on December 31, 2021. (FV of $1.PY of S... EVA of $1. PVA $I. FVAD S1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: 1. Determine the price of the bonds on June 30, 2021. 2. Calculate the interest expense Singleton reports in 2021 for these bonds using the effective interest method Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the interest expense Singleton reports in 2021 for these bonds using the effective interest method. (Enter your answers in whole dollars. Round your final answers to nearest whole dollar amount.) Cash interest Bond Interest Paid Expense Period-End Premium Amortization Carrying Value 06/30/2021 12/31/2021

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