Coney Island Entertainment issues $1,500,000 of 6% bonds, due in 10 years, with interest payable semiannually on 6/30 and 12/31 each year. Calculate the issue price of a bond and complete the first two rows of an amortization table when: 1.The market rate of interest is 6%. (round to the nearest dollar) 2.The market rate of interest is 8%. (round to the nearest dollar) 3.The market rate of interest is 4%. (round to the nearest dollar) 1. The market rate of interest is 6%. Date Cash paid Interest Expense Change in Carrying Value Carrying Value $1,500,000 1/1 6/30 12/31 2. The market rate of interest is 8%. Date Cash paid Interest Expense Change in Carrying Value Carrying Value 1/1 $1,500,000 6/30 12/31 3. The market rate of interest is 4%. Date Cash paid Interest Expense Change in Carrying Carrying Value Value $1,500,000 1/1 6/30 12/31