Hartford Research Issues bonds dated January $1$ that pay Interest semlannually on June $30$ and December $31.$ The bonds have a

$$37,000$ par value and an annual contract rate of $12\%,$ and they mature in $10$ years. $($Table B$\mathrm{.}1,$ Table B$\mathrm{.}2,$ Table B$\mathrm{.}3,$ and Table B$\mathrm{.}4)$

Note: Use approprlate factor$($s$)$ from the tables provided. Round all table values to $4$ decimal places, and use the rounded table

values in calculations.

Requlred:

Consider each separate situation.

The market rate at the date of issuance is $10\%.$

$($a$)$ Complete the below table to determine the bonds' issue price on January $1.$

$($b$)$ Prepare the journal entry to record their Issuance.

The market rate at the date of issuance is $12\%.$

$($a$)$ Complete the below table to determine the bonds' issue price on January $1.$

$($b$)$ Prepare the journal entry to record their Issuance.

The market rate at the date of Issuance is $14\%.$

$($a$)$ Complete the below table to determine the bonds' issue price on January $1.$

$($b$)$ Prepare the journal entry to record their Issuance.

Complete this question by entering your answers in the tabs below.

Complete the below table to determine the bonds' issue price on January $1$ if the market rate at the date of issuance is $10\%.$

Note: Round all table values to $4$ decimal places.