Corporation's year$-$end is June $30.$

Read the reguirements.

Using the PV function in Excel, calculate the issue price of the bonds. $($Round your answer to the nearest whole dollar$)$

The issue price of the bonds is

Requirements

Using the PV function in Excel, calculate the issue price of the bonds.

Prepare an effective$-$interest amortization table for the bonds through the first three interest payments. Round amounts to the nearest dollar.

Record Waldron Corporation's issuance of the bonds on January $1,2022,$ and payment of the first semiannual interest amount and amortization of the bond premium on June $30,2022.$ Explanations are not required.