LaLIREASSignmentSessionLocator-assignment-take? eBook Calculator Exercise 9-67 (Algorithmic) Bond Premium and Discount Markway Inc. is contemplating s Required: selling bonds. The issue is to be composed of 750 bonds, each with a face amount of $800. Calculate how much Markway is able to borrow if each bond is sold at a premium of $30. 622,500 2. Calculate how much Markway is able to borrow if each bond is sold at a discount of $10. 592,500 V 3. Calculate how much Markway s able to borrow if each bond is sold at 92% of par, 552,000 . Calculate how much Makway is able to borrow if each bond is sold at 100% of par. 618,000 Check My Wor &2 Calculate the issue price for each bond then consider the total number of bonds to calculate total proceeds 3 & 4 The par value is the same as face vaue 5. Assume that the bonds are sold for $650 each. Prepare the entry to recognize the sale of the 750 bonds. Check My Work 1 more Check My Work uses remaning All work saved now.com/ilm/takeAssignment/takeAssignmentMai in.do?invoker-assignments&takeAssignmentSessionLocator-assignm eBook Calculator 5 S. Assume that the bonds are sold for $650 each. Prepare the entry to recognize the sale of the 750 bonds. Interest Expense x Record issuance of bonds at discount Feedback Check My Work 5. When bonds are issued, any premium or discount is recorded in a separate valuation account 6. Assume that the bonds are sold for $1,000 each. Prepare the entry to re cognize the sale of the 750 bonds. Record iscuance of bonds at premium 8 When bonds are issued, any premum or discount is ecorced in sepite yalusion account Check My Work All work saved