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Exercise 10-17A (Algo) Computing bond interest and price; recording bond issuance LO C2 Brin Company issues bonds with a par volue of $690,000. The bonds

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Exercise 10-17A (Algo) Computing bond interest and price; recording bond issuance LO C2 Brin Company issues bonds with a par volue of $690,000. The bonds mature in 7 years and pay 7% annual interest in semiannual poyments. The annual market rate for the bonds is 10%. (Table B., Table B.2. Toble B.3, and Table B.4) (Use appropriate 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. Eotrpute the price of the bonde as ef their issue data. (Roumd all taale values to at deeimal places, and yse the rounded tats 2. Prepare the journal entry to record the bonds' issuance. Complete this question by entering your answers in the tabs below. Prepare the journal entry to record the bonds' issuance. (Round intermediate calculations to the nearest dollar amount.) Journal entry worksheet Record the issuance of the bonds for cash. Nete: finter dobits topfure rredita

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