Matt Winne, Inc. issued $1,000,000 of 13%, 12-year bonds payable on January 1, 2018. The market interest rate at the date of issuance was 10%, and the bonds pay interest semiannually (Click the icon to view Present Value of $1 table.) ( Click the icon to view Present Value of Ordinary Annuity of $1 table.) Click the icon to view Future Value of $1 table) (Click the icon to view Future Value of Ordinary Annuity of $1 1 Co Present Value of $1 4% Periods 1% 3% 5% 2% 6% 7% 10% 16 8% 9% 12% 14% 15% 0.990 0.90 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.893 0.877 0.8700E 0.925 0.907 2 0.980 0.961 0.943 0.890 0.873 0.769 0.8570.842 0.826 0.797 0.756 0.7 3 0.971 0 0.942 0.915 0.889 0.864 0.840 0.816 0.794 0.772 0.751 0.712 0.675 0.658 0.961 0.924 4 0.888 0.855 0.823 0.792 0.763 0.735 0.708 0.683 0.636 05 0.592 0.572 5 0.951 0.906 0.863 0.822 0.784 0.747 0.713 0.681 0.650 0.621 0.567 0.519 0497 04 6 0.9420 888 0.837 0.790 0.746 0.705 0.666 0.630 0.596 0.564 | 0.507 0.456 0.432 04 0.933 0.871 0.813 0.760 0.711 0.665 0.623 0.5830.547 0.513 0.452 0.400 0.376 03 0923 0.853 0.789 0.731 0.677 0.627 0.582 0.540 0.502 0.467 0.404 0.351 0.327 02 9 0.914 0.837 0.766 0.703 0.645 0.592 0544 0.500 0.460 0.424 0.361 0.308 0.284 0.2 10 0.905 0.820 0.744 0.676 0.614 0.558 0.508 0.463 0.422 0.386 0.322 0270 0.247 04 11 0.896 0.804 0.722 0.650 0.585 0.527 0.475 0.429 0.388 0.350 3287 0.237 0.215 0. 12 0.887 0.788 0.701 0.625 0.557 0.497 0.444 0.397 0.356 0.319 0.257 0.208 0.187 0.1 13 0.879 0.773 0.681 0.601 0.530 0.469 0.415 0.368 0.326 0 290 0.229 0.182 0.163 0.1 14 0.870 0.758 0.661 0.577 0.505 0.442 0.388 0.340 0.299 0.263 0.205 0.160 0.141 0.1 15 0.861 0.743 0.642 0.555 0.481 0.417 0.362 0.315 0275 0.239 0.183 0.140 0.123 0.1 16 0.853 0.728 0.623 0534 0.458 0.394 0.339 0.292 0252 0.218 0.163 0.123 0.107 0.C 17 0.844 0.714 0.605 0.513 0.436 0.371 0317 0.270 0.231 0.198 0.146 0.108 0.093 0.0 18 0.836 0.700 0.587 0.494 0.416 0.350 0.296 0.250 0212 0.180 0.130 0.095 0.081 0.0 19 0828 0.686 0.570 0475 0.396 0331 0277 0232 0.194 0.164 0.116 0.083 0.070 00 20 0 820 0.673 0.554 0.456 0.377 0.3120 258 0.215 0.178 0.149 0.104 0,073 0.061 0.0 21 0.811 0.660 0.538 0439 0359 0.294 0.242 0.199 0.164 0.135 0.093 0.064 0.053 0.0 22 0.803 0 647 0.522 0.422 0.342 0278 0.226 0184 0.150 0.123 0.083 0.056 0.046 0.0 23 0.795 0.634 0507 0.406 0326 0.262 0.211 0.170 0.138 0.112 0.074 0.049 0040 0.0 24 0.788 0 622 0.492 0390 0.310 0.247 0.197 0.158 0126 0.102 0.066 0.043 0.035 0.C 25 0.780 0.610 0478 0.375 0295 0.233 0.184 0.146 0.116 0.092 0.059 0.038 0.030 0.6 26 0.772 0598 0464 0 361 0.281 0.220 0.172 0.135 0.106 0.084 0.053 0.033 27 0 026 0.0 0.764 0586 0.450 0 347 0.268 0.207 0.161 0.125 0,098 0.076 0.047 28 0.029 0.023 0.0 0.757 0574 0.437 0.333 0.255 0.196 0.150 0.116 0.090 0.069 0.042 0.026 0.020 0. ER Future Value of $1 Periods 1 2 1% 1,010 1.020 1.030 1.041 1.051 2% 1.020 1.040 1.061 1,082 1.104 3% 1.030 1.061 1.093 1.126 1.159 4% 1.040 1.082 1.125 1.170 1217 5% 1.050 1 103 1.158 1216 1276 7% 1070 1 145 1225 1311 1403 1 060 1 124 1 191 1 262 1338 8% 1 080 1 166 1 260 1 360 1 469 9% 1 090 1 188 1 295 1412 1539 10% 1.100 1 210 1 331 1.464 1.611 4 12% 14% 15% 1. 120 1 140 1 150 1254 1 300 1323 1.405 1 482 1521 1 574 1.689 1 749 1.762 1.925 2011 1.9742.196 2313 2211 2.660 2476 2853 3059 2773 3252 3518 3.106 3707 4048 5 1265 1501 1 806 2.502 6 7 8 9 10 1,062 1.072 1.083 1.094 1.105 1.126 1.149 1.172 1.195 1.219 1.194 1.230 1.267 1.305 1.344 1 340 1407 1.477 1.551 1.629 1.316 1 369 1.423 1.480 1419 1504 1594 1 689 1.791 1.718 1 677 1.828 1.993 2.172 2.367 1.772 1.949 2144 2.358 2.594 1 838 1967 1 587 1714 1 851 1.999 2.159 2332 2518 2.720 2.937 3.172 11 12 13 14 15 1.116 1.127 1.138 1.149 1.161 1.243 1.268 1.294 1.319 1.346 1384 1.426 1.469 1.513 1.558 1.539 1.601 1.665 1.732 1.801 1.710 1.796 1.886 1.980 2079 1 898 2012 2.133 2261 2.397 2.105 2252 2.410 2.579 2.759 2580 2.813 3.066 3.342 3.642 2853 3.138 3.452 3.798 4.177 3.479 3.896 4.363 4.887 5.474 4226 4.818 5.492 6261 7.138 4 652 5.350 6.153 7,076 8.137 En 16 17 18 19 20 1.173 1.184 1.196 1.208 1.220 1373 1.400 1.428 1.457 1.486 1605 1.653 1.702 1.754 1.806 1.873 1.948 2026 2.107 2.191 2.183 2292 2.407 2.527 2.653 2540 2693 2854 3.026 3.207 2952 3.159 3.380 3617 3.870 3.426 3.700 3.996 4.316 4661 3.970 4.328 4.717 5 142 5 604 4.595 5.054 5.560 6.116 6.727 6.130 6866 7.690 8.613 9.646 8.137 9.276 10.58 12.06 13.74 9.358 10.76 12.38 14.23 16.37 4 Present Value of Ordinary Annuity of $1 Periods 2 3 4 5 1% 0.990 1970 2941 3.902 4.853 2% 0.980 1942 2884 3.808 4.713 3% 0.971 1.913 2829 3.717 4.580 4% 0.962 1.886 2.775 3.630 4.452 5% 0.952 1.859 2.723 3.546 4.329 6% 7% 0.943 0.935 1833 1.808 2.673 2.624 3.465 3.387 4212 4.100 8% 0.926 1.783 2.577 3.312 3.993 9% 0.917 1.759 2.531 3.240 3.890 10% 0.909 1.736 2.487 3.170 3.791 12% 0.893 1.690 2.402 3.037 3.605 14% 15% 10 0.877 0.870 0. 1.647 1626 1.6 2322 2283 2: 2.914 2.855 22 3.433 3.352 3: 6 7 8 9 10 5.795 6.728 7 652 8.566 9.471 5601 6.472 7325 8.162 8.983 5.417 6.230 7.020 5.242 6.002 6.733 7.435 8.111 5.076 5.786 6.463 7.108 7.722 4.917 5.582 6210 6.802 7.360 4.767 5.389 5.971 6.515 7024 4.623 5.206 5.747 6.247 6.710 4.486 5.033 5.535 5.995 6.418 4355 4.868 5.335 5.759 6.145 4.111 4.564 4.968 5.328 5.650 3.889 3.784 4.288 4.160 4.639 4 487 4.946 4.772 5.216 5.019 3. 4.0 4. 4.6 4. 7.786 8.530 11 12 13 14 15 6.805 7.161 7.487 7.786 8.061 6.495 6.814 7.103 7.367 7.606 5.938 6.194 6.424 6.628 6.811 5.453 5.660 5.842 6.002 6.142 5.234 5.421 5.583 5.724 5.847 50 5. 5. 54 5. 10.368 9.787 9253 8.760 8.306 7 887 7.499 7.139 11 255 10.575 9.954 9.385 8.863 8.384 7.943 7.536 12 134 11 348 10.635 9986 9.394 8.853 8.358 7.904 13.004 12 106 11 296 10.563 9.899 9.295 8.745 8.244 13 885 12 849 11.938 11.118 10.380 9.712 9. 108 8.559 14 718 13 578 12 561 11.652 10.838 10.106 9.447 8.851 15 562 14 292 13.166 12 166 11 274 10.477 9.763 9.122 16 388 14 982 13754 12 659 11 690 10 828 10.059 9.372 17 226 15 678 14 324 13 134 12085 11.158 10 336 9.604 18 046 16 351 14877 13 590 12 462 11 470 10 594 9.818 16 17 18 19 8.313 8.544 8.756 8.950 9. 129 7.824 8.022 8.201 8.365 8.514 6.974 7.120 7 250 7 366 7.469 6.265 6.373 6.467 6550 6.623 5 954 6.047 6 128 6.198 6.259 5.6 5. 5. 5. 5 Periods 1 2 3 4 5 1% 1.000 2010 3.030 4.060 5.101 2% 1.000 2.020 3.060 4.122 5.204 3% 1.000 2.030 3.091 4.184 5.309 Future Value of Ordinary Annuity of $1 4% 5% 6% 7% 8% 9% 1.000 1.000 1.000 1.000 1.000 1.000 2.040 2.050 2.060 2.070 2.080 2090 3.122 3.153 3.184 3215 3.246 3278 4246 4310 4.375 4440 4.506 4.573 5.416 5.526 5.637 5.751 5.867 5.985 10% 1.000 2.100 3.310 4.641 6.105 12% 1.000 2120 3 374 4.779 6.353 14% 1.000 2.140 3.440 4.921 6.610 15% 1.000 2.150 3.473 4.993 6.742 6 7 8 9 10 6.152 6.308 7214 7.434 8286 8.583 9.369 9.755 10.46 10.95 6.468 6.633 7 662 7 898 8.892 9.214 10.16 10 58 11.46 12 01 6 802 8.142 9.549 11.03 12.58 6.975 8.394 9.897 11.49 13.18 7.153 8.654 10.260 11.98 13.82 7.336 8.923 10 64 12.49 14.49 7.523 9.200 11.03 1302 15.19 7 716 9.487 11.44 13.58 15.94 8. 115 10.09 12.30 14.78 17.55 8.536 10.73 13.23 16.09 19 34 8.754 11.07 13.73 16.79 20.30 11 12 13 14 15 11 57 1268 13.81 14.95 16.10 12 17 13.41 14.68 15.97 1729 12 81 14.19 1562 17.09 18.60 13.49 15 03 16.63 18.29 20 02 14 21 15.92 17.71 19.60 21.58 14.97 16.87 18 88 21.02 23 28 15.78 17.89 20.14 22.55 25.13 16 65 18.98 21.50 24.21 27.15 17 56 20.14 22 95 26.02 29.36 18.53 21.38 24.52 27.98 31.77 20.65 24.13 28.03 32.39 37.28 23.04 27 27 32 09 37 58 43.84 24.35 29 00 34 35 40.50 47 58 17 18 19 20 17 26 1843 1961 20.81 22.02 18 84 2001 21 41 22 B4 24 30 20.16 21 82 21.76 23 70 23.41 25 65 25 12 27 67 26 B7 29 78 23.66 25 84 28 13 30.54 3307 25.67 28 21 30.91 33 76 36.79 27.89 30.84 3400 37 38 41.00 30.32 33.75 37 45 41.45 45.76 33.00 36.97 41.30 46.02 51 16 35.95 40.54 45.60 5116 57 28 42.75 48.88 55 75 63.44 72.05 50.98 59.12 68 39 78.97 91.02 55.72 65.08 75.84 88.21 1024 Requirements 1. How much cash did the company receive upon issuance of the bonds payable? (Round to the nearest dollar.) 2. Prepare an amortization table for the bond using the effective-interest method, through the first two interest payments. (Round to the nearest dollar.) 3. Journalize the issuance of the bonds on January 1, 2018, and the first and second payments of the semiannual interest amount and amortization of the bonds on June 30, 2018, and December 31, 2018. Explanations are not required. Print Done 214 0540 0897 10 280 10 11 03 13 23 13.73