On January 1, 2018, Edom Inc. issued $4,000,000 par value, 4%, 5-year bonds. Interest is payable semiannually each January 1 and July 1 with the first interest payment due at the end of the period on July 1, 2018. The market rate of interest on the date of the bond issue was 12 %. (Click the icon to view the Future Value of $1 table.) (Click the icon to view the Future Value of an Ordinary Annuity table.) (Click the icon to view the Future Value of an Annuity Due table.) (Click the icon to view the Present Value of $1 table.) (Click the icon to view the Present Value of an Ordinary Annuity table.) Read the requirements (Click the icon to view the Present Value of an Annuity Due table. ) Requirement a. Determine the issue price of the debt. (Use the present value and future value tables, the formula method, a financial calculator, or a spreadsheet for your calculations. If using present and future value tables or the formula method, use factor amounts rounded to five decimal places, X.XXXXX. Round your final answers to the nearest whole dollar.) The issue price of the debt is $ Requirement b. Prepare the amortization table for the bond issue through January 1, 2021, assuming that the effective interest rate method of amortization is used. (Round each calculation to the nearest whole number and then use the rounded value for each subsequent calculation in the table.) Cash Effective Discount/Premium Carrying Date Interest Interest Amortization Value January 1, 2018 July 1, 2018 January 1, 2019 July 1, 2019 January 1, 2020 July 1, 2020 January 1, 2021 Choose from any list or enter any number in the input fields and then continue to the next