issue price along with:

-interest expense recorded on June 30th and December 31st

-amount of cash paid to investors June 30th and December 31st

-book value of bonds on june 30th and December 31st of this year

Check my work Required information (The following information applies to the questions displayed below.) Cron Corporation is planning to issue bonds with a face value of $710,000 and a coupon rate of 13 percent. The bonds mature in five years and pay interest semiannually every June 30 and December 31. All of the bonds were sold on January 1 of this year. Cron uses the effective interest amortization method. Assume an annual market rate of interest of 12 percent. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.) Required: 1. What was the issue price on January 1 of this year? (Round your final answers to nearest amount.) Issue price