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On January 1, 2018. Vacation Destinations issues $40 million of bonds that pay interest semiannually on June 30 and December 31. Portions of the bond

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On January 1, 2018. Vacation Destinations issues $40 million of bonds that pay interest semiannually on June 30 and December 31. Portions of the bond amortization schedule appear below (5 Carying Value Interest Increase in Cash Paid for Interest Date xpense iCarrying Value $37.281935 591.27737373 212 94.92837 468 140 12018 $1491,277 1.494928 6/30/2018 $1.400,000 12/31 20181 1.400,000

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