On April 1, 2018, Nantucket Golf Clubs Nantucket Golf Clubs issued $500,000 of 10-year, 9

percent bonds payable. The bonds were sold for $ 490,000. The bonds pay interest each September

30 and March 31, and any discount or premium is amortized using straight-line amortization.

a. Nantucket Golf Clubs' bonds are priced at (express the price as a percentage)

b. when Nantucket golf clubs issued it bonds, the market interest rate was (higher than, lower than, or equal to)___9 percent

c. the amount of the bond discount or the premium is ___.

d. issuance of the bonds payable on April 1, 2018

e. payment of interest (and the amortization of discount or premium, if any) on September 30, 2018

f. accrual of interest (and amortization of discount of premium, if any) on December 31, 2018; explanations are not required

g. at what amount will Nantucket golf clubs report the bonds on its balance sheet at December 31,2018?