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Check my work A13-6 Interest Expense (LO 13-4) Mathieson Co. issues a $18,500,000, 6.5% bond on 1 October 20X4. At this time, market interest rates are in the range of 6% The bond had a 10-year life from 1 October 20X4, and paid interest semi-annually on 31 March and 30 September (PV of $1. PVA of S1, and PVAD of S1) (Use appropriate foctor(s) from the tables provided.) Required: 1 Calculate the proceeds that would be raised on bond issuance (Round time volue factor to 5 decimal places. Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount.) Proceeds from bond issuance A 2. Prepare an amortization table using the effective interest method of amortization Complete the first four payments only (Round time value factor to 5 decimal places. Do not round intermediate calculations. Round your final onswers to the nearest whole dollar amount.) Period Cash Interest Interest Dorp Closing Net Bond Pald Expense Amortization Lab Op balance Cute 2. Prepare an amortization table using the effective interest method of amortization Complete the first four payments only (Round time value factor to 5 decimal places. Do not round intermediate calculations, Round your final answers to the nearest whole dollar amount.) Cash Interest Interest Dorp Period Closing Net Bond Pall Expense Amortization Op. balance Llab 1 2 3 4 3. Prepare journal entries for 20x4 and 20x5, using the effective interest method. ABC has a 31 December fiscal year-end. (Round time value factor to 5 decimal places. Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) View transactionist Journal entry worksheet Prev 10 Next Help Save & Exit Check my 3. Prepare journal entries for 2024 and 20X5, using the effective interest method. ABC has a 31 December fiscal year-end. (Round time value factor to 5 decimal places. Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) View transaction list Journal entry worksheet 1 2 3 4 5 Record the issuance of bonds. Note: Enter debits before credits General Journal Debit Credit Date 1 October 20X4 Tch N w 2