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Omar Company issued 7 % bonds, dated January 1 , with a face amount of $ 1 , 0 0 , 0 0 0 on

Omar Company issued 7% bonds, dated January 1, with a face amount of $1,00,000 on January 1,2024. The bonds sold for $913,540 and mature in 2038(15 years). For bonds of similar risk and maturity the market yield was 8%. Interest is paid semiannually on June 30 and December 31. Assume Omar determines interest at the effective rate.
(Do not add dollar sign; do not add comma by yourself to your amount; round the answer to the whole number; use minus sign if the amount is negative)
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