Just need number 5 please

Campbell Inc. produces and sells outdoor equipment. On July 1, 20Y1, Campbell issued $30,000,000 of 10- year, 10% bonds at a market (effective) interest rate of 9%, receiving cash of $31.951,110. 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 premium, using the straight-line method. (Round to the nearest dollar.) b. The interest payment on June 30, 20Y2, and the amortization of the bond premium, 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 greater than the face amount of the bonds when the contract rate is greater than the market rate of interest? 5. Compute the price of $31,951, 110 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. Periods 1 0.93458 2 0.87344 Present Value of $1 at Compound Interest Due in n Periods 4.0% 4.5% 5% 5.5% 6.5% 0.96154 0.95694 0.95238 0.94787 0.94340 093897 0.92456 0.91573 0.90703 0.89845 0.89000 0.88166 0.88900 0.87630 0.86384 0.85161 0.83962 0.82785 0.85480 0.83856 0.82270 0.80722 0.79209 0.77732 0.82193 0.80245 0.78353 0.76513 0.74726 0.72988 3 0.81630 4 0.76290 5 0.71299 6 0.72525 0.70496 0.68533 0.66634 0.79031 0.75992 0.76790 0.73483 0.74622 0.71068 7 0.68744 0.66506 0.64351 0.62275 8 0.73069 0.70319 0.67684 0.65160 0.62741 0.58201 0.60423 0.70259 0.67290 0.59190 0.56735 0.54393 0.64461 0.61391 0.61763 0.58543 10 0.67556 0.64393 0.55839 0.53273 0.50835 11 0.64958 0.58468 0.55491 0.52679 0.50021 0.47509 0.61620 0.58966 12 0.62460 0.55684 0.52598 0.49897 0.46968 0.44401 0.41496 13 0.60057 0.56427 0.53032 0.49856 0.46884 0.44102 14 0.53997 0.50507 0.44230 0.41410 0.38782 0.57748 0.55526 0.47257 0.44783 15 0.51672 0.48102 0.41727 0.38883 0.36245 0.33873 16 0.53391 0.49447 0.42458 0.39365 0.36510 0.45811 0.43630 17 0.51337 0.47318 0.40245 0.37136 0.34281 0.31657 18 0.49363 0.45280 0.41552 0.38147 0.35034 0.32189 0.29586 0.27651 19 0.43330 0.39573 0.36158 0.33051 0 30224 0.47464 0.45639 20 0.41464 0.37689 0.34273 0.31180 0.28380 0.25842 21 0.43883 0.39679 0.32486 0.29416 0.26648 0.24151 0.35894 0.34185 22 0.42196 0.37970 0.27751 0.25021 0.22571 0.30793 0.29187 23 0.40573 0.36335 0.32557 0.26180 023494 0.21095 0.19715 24 0.39012 0.34770 0.31007 027666 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 0.24856 0.21981 0.19450 0.17220 27 0.34682 0.26785 0.23560 0.20737 0.18263 0.16093 0.30469 0.29157 28 0.33348 0.25509 0.22332 0.19563 0.17148 0.15040 29 0.27902 0.24295 0.21168 0.18456 0.16101 0.14056 0.32065 0.30832 30 0.26700 0.23138 0.20064 0.17411 0.15119 0.13137 31 0.29646 0.25550 0.22036 0.19018 0.16425 0.12277 0.14196 0.13329 32 0.28506 0.24450 0.20987 0.18027 0.15496 0.11474 33 0.27409 0.23397 0.19987 0.17087 0.14619 0.10723 0.12516 0.11752 34 0.26355 0.16196 0.10022 0.22390 0.21425 0.19035 0.18120 0.13791 0.13011 35 0.25342 0.15352 0.11035 0.09366 7% Periods 4.0% 0.93458 1 0.96154 1.80802 2. 1.88609 Present Value of Ordinary Annuity of $1 per Period 4.5% 5% 5.5% 5.5% 0.95694 0.95238 0.94787 0.94340 0.93897 1.87267 1.85941 1.84632 1 83339 1.82063 2.74896 2.72325 2.69793 267301 264848 3.58753 3.54595 3.50515 3.46511 3.42580 4.38998 432948 4 27028 421236 4.15568 2.62432 3 2.77509 3.38721 4 3.62990 4.10020 5 4.45182 6 5.24214 5.15787 5.07569 4.99553 4.91732 4.84101 4.76654 6.00205 7 5.89270 5.38929 5 68297 5.58238 5.48452 5.78637 6.46321 8 6.73274 6.08875 6.59589 6.33457 6.20979 5.97130 6.51523 9 7.43533 7.26879 7.10782 6.95220 6.80169 6.65610 10 8.11090 7.91272 7.02358 7.72173 7.53753 7.18883 7.36009 11 8.78048 8.52892 7.49867 8.30541 8.09254 7.68904 7.88687 9.38507 12 9.11858 8.86325 8.61852 8.38384 7.94269 8.15873 13 9.39357 8.59974 9.98565 9.11708 8.35765 9.68285 10.22283 8.85268 9.29498 9.01384 14 9.89864 8.74547 10.56312 9.58965 10.03758 9.71225 9.10791 9.40267 10.73955 15 11.11839 10.37966 10.83777 16 11.65230 11.23402 10.45215 9.44665 10.10590 9.76776 17 12.16567 11.70719 11.27407 10.86461 10.47726 10.11058 9.76322 18 12.65930 12.15999 11.68959 11.24607 10.43247 10.05909 10.82750 19 13.13394 12.59329 12 08532 10.73471 10.33560 11.15812 11.60765 11.95038 13.00794 11.46992 11.01851 20 10.59401 13.59033 14.02916 12.46221 12.82115 21 13.40472 11.28498 12 27524 11.76408 10 83553 13.78442 22 14.45112 13.16300 12.04158 12.58317 11.53520 11.06124 23 14.14777 14.85684 13.48857 1287504 11.77014 1230338 11.27219 15.24696 24 14.49548 13.79864 13.15170 1255036 11.99074 11.46933 11.65358 25 15.62208 14.82821 14 09394 13.41393 12.78336 12.19788 12.39237 26 15.98277 15.14661 14 37519 11.82578 13.66250 13.00317 27 16.32959 15.45130 14.64303 13.89810 1321053 12.57500 11.98671 28 16.66306 14.89813 14,12142 13.40616 12.74648 12.13711 15.74287 16.02189 16.98371 29 15.14107 14 33310 13.59072 12.90749 12.27767 30 17.29203 16.28889 12.40904 15.37245 14.53375 13.75483 13.05868 31 16.54439 1253181 14.72393 1392909 17.58849 1320063 15 59281 15.80268 32 16.78889 14.90420 14.08404 12.64656 13.33393 17.87355 18.14765 33 17.02286 16.00255 15.07507 14 23023 13.45009 12.75379 12.85401 34 18.41120 17.24676 16.19290 15 23703 1436814 13.57661 25 1 RA1 17 AR101 16 27410 15 14 1925 13 FAROE 12 04767 work? JOURNAL Score: 75/75 DEBIT POST. REF. DESCRIPTION CREDIT 31,951,110.00 Cash Premium on Bonds Payable 1,951,110.00 30,000,000.00 Bonds Payable Interest Expense 1,402,444.00 Premium on Bonds Payable 97,556.000 1,500,000.00 Cash work? JOURNAL Score: 37/37 DESCRIPTION POST. REF. DEBIT CREDIT Interest Expense Premium on Bonds Payable 1,402,444.00 97,556.000 Cash 1,500,000.00 5. Compute the price of $31,951, 110 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