just need #5 please

Points: 5. Compute the price of $43,768,920 received for the bonds by using the present value tables. (Round to the nearest dollar) Present value of the face amount Present value of the semiannual interest payments Price received for the bonds Points: 073 Feedback Check My Work Check My Work Periods 7% 1 2 0.93458 0.87344 0.81630 0.76290 3 Present Value of $1 at Compound Interest Due Inn Periods 4.0% 4.5% SS 5.5% 6.5% 0.96154 0.95694 0.95238 0.94787 0.94340 0.93897 0.92456 0.91573 0.90703 0.89845 0.89000 0.88166 0.88900 0.87630 0.86334 0.85161 0.82785 0.85480 0.83856 0.82270 0.80722 0.78209 0.77732 0.82193 0.80245 0.78353 0.76513 0.74726 0.72988 0.79031 0.76790 0.74622 0.72525 0.70496 0.68533 0.75992 0.73483 0.71068 0.68744 0.66506 0.64351 0.73069 0.70319 0.67684 0.65160 0.62741 0.60423 4 5 0.71299 6 0.66634 7 0.62275 8 0.58201 9 0.70259 0.64461 0.61763 059190 0.56735 0.54393 0.67290 0.64393 10 0.67556 0.58543 0.55839 0.53273 0.61391 0.58468 0.50835 0.47509 11 0.64958 0.61620 0.52679 0.50021 0.55491 0.52598 12 0.62460 0.58966 0.55684 0.49697 0.46968 0.44401 13 0.60057 0.56427 0.49856 0.46884 0.44102 0.41496 0.53032 0.50507 0.57748 0.53997 0.47257 0.44230 0.41410 0.38782 15 0.55526 0.51672 0.44793 0.41727 0.38883 0.36245 0.48102 0.45811 16 0.53391 0.49447 0.42458 0.39365 0.36510 0.33873 17 0.51337 0.47318 0.43630 0.40245 0.37136 0.34281 0.31657 18 0.49363 0.45280 0.41552 0.38147 0.35034 0.29586 0.32189 19 0.47464 0.43330 0.39573 0.36158 0.30224 0.27651 0.33051 20 0.45639 0.41464 0.37689 0.31180 0.34273 0.28380 0.25842 0.43883 0.39679 21 0.35894 0.32486 0.29416 0.26648 0.24151 0.37970 22 0.34185 0.27751 0.42196 0.30793 0.25021 0.22571 23 0.40573 0.36335 0.32557 0.29187 0.26180 0.23494 0.21095 0.19715 24 0.39012 0.34770 0.31007 0.27666 0.24698 0.22060 25 0.37512 0.33273 0.29530 0.26223 0.23300 0.20714 0.18425 26 0.36069 0.31840 0.28124 0.17220 0.19450 27 0.34682 0.30469 0.26785 0.16093 0.18263 0.24856 0.21981 0.23560 0.20737 0.22332 0.19563 0.21168 0.18456 28 0.33348 0.29157 0.25509 0.17148 0.15040 0.32065 29 0.27902 0.24295 0.16101 0.14056 30 0.26700 0.30832 0.23138 0.20064 0.15119 0.17411 0.13137 31 0.29646 0.25550 0.22036 0.19018 0.14196 0.12277 0.16425 32 0.24450 0.28506 0.20987 0.18027 0.13329 0.15496 0.11474 33 0.27409 0.23397 0.10723 0.19987 0.17087 0.14619 0.12516 34 0.26355 0.22390 0.19035 0.16196 0.13791 0.10022 0.11752 1110 Periods 4.0% 7% Present Value of Ordinary Annuity of $1 per Period 4.5% 5% 5.5% 6% 6.5% 0.95694 0.95238 0.94787 0.94340 0.93897 1.87267 1.85941 1.84632 1.83339 1.82063 1 0.96154 0.93458 2 1.88609 1 80802 3 2.77509 2.74896 2.72325 2.69793 2.67301 2.65848 2.62432 338721 4 3.62990 3.54595 3.46511 3.42580 3.58753 4.38998 3.50515 4.27028 4.45182 4.32948 4.21236 4.15568 4.10020 6 5.24214 5.15787 5.07569 4.99553 4.78654 4.91732 5.58238 4.84101 6.48452 7 5.89270 5.78637 5.38929 6.00205 6.73274 8 6.46321 5,68297 6.33457 6.95220 5.97130 6.20979 6.80169 6.08875 6.65610 9 7.10782 7.43533 8.11090 6.59589 7.28879 7.91272 8.52892 6.51523 7.02358 10 7.36009 7.18883 7.72173 8.30641 11 8.76048 7.53763 8.09254 8.61852 7.49867 7.94269 12 9,11858 8.86325 7.88687 8.38384 8.85268 9.29498 7.68904 8.15873 8.59974 9.38507 9.98565 10.56312 13 9.68285 9.39357 9.11708 8.35755 14 10.22283 9.89864 9.01384 8.74547 9.58965 1003758 15 11.11839 10.73955 10.37966 9.71225 9.40267 9.10791 16 11.65230 11.23402 10.83777 10.46216 10.10500 9.76778 9.44665 17 12.16567 11.27407 10.86461 10.47726 10.11058 11.70719 12.15999 9.76322 10.05909 18 12.65930 11.68959 11.24607 10.82760 10.43247 19 13.13394 12.59329 12.08532 11.60765 11.15812 10.73471 10.33580 20 13.59033 13.00794 12.46221 11.95038 11.46992 11.01851 10.59401 10.83553 21 14.02916 13.40472 12.82115 12.27524 11.76408 11.28498 22 14.45112 13.78442 13.16300 12.58317 12.04158 11.53520 11.06124 23 14.85684 14.14777 13.48857 12.87504 12.30338 11.77014 11.27219 24 15.24696 14.49548 13.79864 13.15170 12.55036 11.99074 11.46933 25 15.62208 14.82821 14.09394 13.41393 12.78336 12.19788 11.65358 11.82578 26 15.98277 15.14661 14.37519 13.66250 13.00317 12.39237 27 16.32959 15.45130 14.64303 13.89810 13.21053 1257500 11.98671 28 16.66306 15.74287 14.89813 14.12142 13.40616 12.74648 12.13711 29 16.98371 16.02189 15.14107 14.33310 13.59072 12.90749 1227767 30 17.29203 16.28889 15.37245 14.53375 13.76483 13.05858 12.40904 31 17.58849 16.54439 15.59281 14.72393 13.92909 13.20063 1253181 32 17.87355 16.78889 15.80258 14.90420 14.08404 13.33393 1264656 33 18.14765 17.02286 16.002 15.07507 14.23023 13.45909 1275379 34 18.41120 17.24676 16.19290 15.23703 14.36814 13.57661 12.85401 35 TR RRARI 17 46101 16 27419 15 05 14 ADAC 1 OR Score: 75/75 JOURNAL DEBIT CREDIT POST. REF. DESCRIPTION Cash 43,768,920.00 6,231,080.00 Discount on Bonds Payable 50,000,000.00 Bonds Payable 2,311,554.00 Interest Expense Discount on Bonds Payable 311,554.00 2,000,000.00 Cash entry to record the interest payment on June 30, 20Y2, and the amortization of the bond discount, using the straig wording of account titles. (Round to the nearest dollar.) work? Score: 37/37 JOURNAL POST. REF. DEBIT CREDIT DESCRIPTION 2,311,554.00 Interest Expense Discount on Bonds Payable 311,554.00 2,000,000.00 Cash On July 1, 20Y1, Danzer Industries Inc. issued $50,000,000 of 10-year, 8% bonds at a market (effective) interest rate of 10%, receiving cash of $43,768,920. Interest on the bonds is payable semiannually on December 31 and June 30. The fiscal year of the company is the calendar year. Required: 1. Journalize the entry to record the amount of cash proceeds from the issuance of the bonds on July 1, 20Y1.. 2. Journalize the entries to record the following: a. The first semiannual interest payment on December 31, 20Y1, and the amortization of the bond discount, using the straight-line method. (Round to the nearest dollar.) b. The interest payment on June 30, 20Y2, and the amortization of the bond discount, using the straight-line method. (Round to the nearest dollar.) 3. Determine the total interest expense for 20Y1. 4. Will the bond proceeds always be less than the face amount of the bonds when the contract rate is less than the market rate of interest? 5. Compute the price of $43,768,920 received for the bonds by using the present value tables. (Round to the nearest dollar) *Refer to the Chart of Accounts for exact wording of account titles