Coney Island Entertainment issues $1,400,000 of 5% bonds, due in 20 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:

1. The market interest rate is 5% and the bonds issue at face amount.

2The market interest rate is 6% and the bonds issue at a discount

3. The market interest rate is 4% and the bonds issue at a premium