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Imal Company issued a $1.305 million bond that matures in five years. The bond has a 8 percent coupon rate. When the bond was issued,

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Imal Company issued a $1.305 million bond that matures in five years. The bond has a 8 percent coupon rate. When the bond was issued, the market rate was 6 percent. The bond pays interest twice per year, on June 30 and December 31. Use Table 9.1. Table 90.2 Required: 1. Record the issuance of the bond on June 30. (Round time value factor to 4 decimal places. Enter your answers in dollars not in millions. Round intermediate and final answers to the nearest whole dollar. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 Record the issuance of bond on June 30th. Note: Enter debits before credits. General Journal Debit Credit Date June 30 Record entry Clear entry View general journal TABLE 9C1 Present Value of $1.pl Periods 1.596 2.7595 294 2.259 159 2.759 356 3025 3.59 1 09852 09828 09804 0.9780 09756 09732 0.970909635 0.9662 2 0.9707 0.9659 0.9612 0.9565 0.9518 0.9472 0.9436 093800.9335 0.9563 0.9-193 09433 09354 0.9256 0.9218 0.915109055 0.9019 0.9422 0.933009238 09143 0.9060 0.5972 0.550.5299 0.8714 5 0.9283 09169 09057 0.89470.583905732 05636 0852208420 6 0.9145 0.9011 O.SSSO 0.8750 0.5623 0.349508375 0.8254 0.8135 7 0.9010 0.5556 0.8706 08555 0.8413 0.3270 05131 7994 0.7560 8 0.8877 0.8704 0.3535 0.8369 0.5207 0.8049 0.7894 077407594 9 0.8746 0.8554 08368 0.81550.8007 0.7834 07554 0.7499 0.7337 10 0.8617 0.8407 0.8203 0,5005 0.7512 0.7624 0.7441 0.7263 0.7059 11 08489 0.8263 0.8043 0.7829 0.7621 0.7420 0.7234 0.703406349 12 0.8364 0.8121 0.7885 0.7657 0.7436 0.7221 0.7014 06513 0.6618 13 0.820 0.7981 0.7730 0.7458 0.7254 0.7028 0.6510 0.6595 0.6394 14 0.8118 0.7844 0.7579 0.7323 0.7077 06840 0.661106391 0.6178 15 0.7999 0,7709 0.7430 0.7162 0.6905 0.6657 0.6419 06189 0.5969 16 0.7880 0.7576 0.7284 0.7005 0.6736 0.6479 0.6232 0.5995 0.5767 17 0.7764 0.7446 0.7142 0.6851 0.6572 0.6305080500.5806 0.5572 18 0.7649 0.7318 0.7002 0.6700 0.6412 0.613705574 0.5633 0.5354 19 0.7536 0.7192 0.6854 0.6552 0.6255 0.5972 0.570305446 0 5202 20 0.7425 0.7068 06730 0.6408 0.6103 0.3513 05537 05275 0.5026 30 0.6395 0.5942 0.5521 0.5130 0.4767 0461 0.4120 0.3831 0.3563 40 0.5513 0.4996 0.4529 0.4106 0.3724 0.3379 0.306602752 0.2526 50 0.4750 0.4200 0.3715 0.3287 0.2909 0.2576 02251 0.2021 0.1791 Periods 3.7394 496 59 698 99 1095 1 0.9639 09615 0.9569 0.9524 0.9434 09346 09259 09174 0.9091 2 0.9290 0.9246 0.9157 0.9070 0.8900 0.8734 05573 0.5417 0.8264 3 0.8954 0.5890 0.87630.8638 09396 0.51630.7935 0.7722 0.7513 + 0.8631 0,8546 08356 0.8227 0.7921 0.7629 0.7350 0.7054 0.6830 3 0.8319 0.8219 0.8025 0.7835 0.7473 0.7130 0.6506 06-1990.6209 6 0.8018 0.7903 0.7679 0.7462 0.7050 0.6563063070.5963 05645 7 0.7728 0.7599 0.7345 0.7107 0.6651 0.6227 0.5835 0.5470 0:5132 8 0.7449 0.7307 0.7032 0.6765 0.6274 0.55200 540305019 0.4665 9 0.7180 0.7026 0.6729 0.6446 0.5919 0.5439 0.500 0.4504 0.4241 10 0.6920 0.6756 0.6439 0.6139 0.5584 0.5083 0.4632 0.4224 0.3855 11 0 6670 0.649606162 0.5847 0.5268 0.4751 0.4289 0.3575 03505 12 0.6429 0.6246 0.5897 0.5565 04970 0.4440 0.3971 0.355503156 0.6197 0.6006 0.5643 0.5303 0.4685 0.4150 0.367703262 0.2897 14 0.5973 0.5775 054000.5051 0.4423 0.357503405 0299202633 15 0.5757 0.5553 0.5167 0.4810 0.4173 0 3624 03152 02745 02194 16 0.5549 0.5339 0.4945 0.4551 0.3936 0.3387 0.291902519 02176 17 0.5343 0313404732 0.4363 0.3714 0.3166 0.2703 0.2311 0.1978 18 0.5155 04936 0.4528 0.4155 0.3503 0.2959 0.250202120 0.1799 19 0.499 04746 0.4333 0.3957 0.33050.278502317 0.1945 0.1635 20 0.4759 0.4564 0.4146 0.376903115 0.2594 0.2145 0.1754 0.1456 30 03314 0.3053 0.2670 0.2314 0.1741 0.1314 0.099400754 0.0573 40 0.2293 02053 0.1719 0.142000972 0.066500460 00315 0.0221 50 0.1587 0.1407 0.1107 0.0172 0.0543 0.0339 00213 0.0134 0.0055

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