On December 31, 2018, Lugaboo Corporation issues 6%, 10-year convertible bonds payable with a face value of $4,500,000. The semiannual interest dates are June 30 and December 31. The market interest rate is 8%. Lugaboo amortizes bond discounts using the effective-interest method. Read the requirements. Requirement 1. Use the PV function in Excel to calculate the issue price of the bonds. (Round your answer to the nearest whole dollar.) The issue price of the bonds is $ 391906 Requirement 2. Prepare an effective-interest method amortization table for the first four semiannual interest periods. (Round your answers to the nearest whole dollar.) Lugaboo Corporation Amortization Table Semiannual Interest Date Interest Payment Interest Expense Discount Amortization Discount Account Bond Carrying Balance Amount 12-31-2018 391906 6-30-2019 13500 15676 2176 394082 12-31-2019 13500 15763 2263 396345 6-30-2020 13500 15854 2354 398699 12-31-2020 13500 15948 2448 401147