On January 1, 2020, Sandhi Corporation purchased a newly issued $1,600,000 band. The bond matured on December 31, 2022, and paid interest 6% every June 30 and December 31. The market interest rate was 8%. Sandhill's fiscal year-end is October 31, and the company had the intention and ability to hold the bond until its maturity date. The band will be accounted using the amortized cost model Click here to view the factor table. PRESENT VALUE OF 1. Click here to view the factor tab. PRESENT VALUE OF AN ANNUITY OE 1. Calculate the price paid for the bond using a financial calculator or Excel functions. (Round answers to 2 decimal places, ..., 52.75.) pv SHOW LIST OF ACCOUNTS LINK TO TEKT Prepare an amortization schedule for the bond (Round answers to 2 decimal places, e.g. 52.75.) Cash Interest Discount Date Received Revenue Amortization Amortized Cost (Present Value) Jan 1, 2020 June 30, 2020 Dec. 31, 2020 June 30, 2021 Dec. 31, 2021 June 30, 2022 Dec 31, 2022 Table A.2 PRESENT VALUE OF 1 (PRESENT VALUE OF A SINGLE SUM) PVF..- 1 -= (1+1)* (1+1) (n) periods 2% 212% 3% 4% 5% 6% 8% 9% 10% 11% 1 2 3 4 5 .98039 .96117 .94232 .92385 .90583 .97561 .95181 .92860 .90595 .88385 .97087 .94260 .91514 88849 86261 .96156 .92456 88900 85480 .82193 .95238 .90703 .86384 .82270 .78353 .94340 .89000 83962 .79209 .74726 .92593 85734 .79383 .73503 .68058 .91743 84168 .77218 .70843 .64993 .90909 82645 .75132 .68301 .62092 90090 81162 .73119 .65873 59345 12% 89286 .79719 .71178 .63552 .56743 15% 86957 .75614 .65752 57175 49718 6 7 B 9 10 88797 .87056 .85349 83676 82035 .86230 84127 82075 80073 .78120 .83748 81309 .78941 .76642 .74409 .79031 .75992 .73069 .70259 .67556 .74622 .71068 .67684 .64461 .61391 .70496 .66506 .62741 .59190 .55839 .63017 .58349 .54027 .50025 46319 .59627 .54703 .50187 46043 42241 .56447 -51316 .46651 .42410 .38554 .53464 .48166 43393 39092 35218 .50663 .45235 40388 36061 32197 43233 37594 32690 28426 24719 11 12 13 14 15 .80426 .78849 .77303 .75788 .74301 .76214 .74356 .72542 .70773 .69047 72242 .70138 .68095 .66112 .64186 .64958 ,62460 .60057 .57748 55526 58468 .55684 .53032 .50507 .48102 52679 49697 .46884 .44230 .41727 42888 39711 .36770 34046 31524 38753 35554 32618 29925 27454 35049 31863 .28966 .26333 23939 31728 28584 25751 23199 20900 28748 25668 22917 20462 .18270 21494 18691 .16253 .14139 .12289 16 17 18 19 20 .72845 .71416 .70016 .68643 .67297 .67362 .65720 64117 .62553 .61027 .62317 .60502 .58739 .57029 -55368 53391 51337 .49363 .47464 .45639 -45811 43630 41552 39573 37689 39365 37136 35034 .33051 31180 29189 27027 25025 23171 21455 25187 23107 21199 19449 .17843 21763 .19785 .17986 .16351 .14864 .18829 .16963 .15282 .13768 .12403 16312 .14564 13004 .11611 10367 10687 09293 DB081 07027 06110 21 22 23 24 25 .65978 .64684 .63416 .62172 .60953 .59539 .58086 .56670 .55288 ,53939 .53755 .52189 50669 49193 47761 .43883 .42196 .40573 39012 37512 35894 34185 32557 31007 .29530 29416 27751 26180 24698 23300 .19866 .18394 .17032 .15770 .14602 .16370 .15018 13778 .12641 11597 .13513 .12285 .11168 .10153 .09230 11174 .10067 .09069 08170 07361 ,09256 08264 .07379 06588 05882 05313 04620 04017 03493 .03038 26 27 28 28124 26785 25509 36069 34682 33348 .46369 45019 .43708 .52623 .51340 50088 .59758 .58586 .57437 21981 20737 .19563 06631 05974 05382 05252 04689 .04187 02642 02297 01997 08391 07628 06934 .13520 .12519 .11591 10639 09761 08955 Table A.4 PRESENT VALUE OF AN ORDINARY ANNUITY OF 1 1 PVF-04 1 (1+1) i (n) periods 2% 242% 3% 4% 5% 6% 8% 9% 10% 11% 12% 15% 1 2 3 4 5 .98039 1.94156 2.88388 3.80773 4.71346 .97561 1.92742 2.85602 3.76197 4.64583 .97087 1.91347 2.82861 3.71710 4.57971 .96154 1.88609 2.77509 3.62990 4.45182 .95238 1.85941 2.72325 3.54595 4.32948 .94340 1.83339 2.67301 3.46511 4.21236 92593 1.78326 2.57710 3.31213 3.99271 .91743 .90909 90090 89286 86957 1.75911 1.73554 1.71252 1.69005 1.62571 2.53130 2.48685 2.44371 2.40183 2.28323 3.23972 3.16986 3.10245 3.03735 2.85498 3.88965 3.79079 3.69590 3.60478 3.35216 6 7 8 9 10 5.60143 6.47199 7.32548 8.16224 8.98259 5.50813 6.34939 7.17014 7.97087 8.75206 5.41719 5.24214 6.23028 6.00205 7.01969 6.73274 7.78611 7.43533 8.53020 8.11090 5.07569 5.78637 6.46321 7.10782 7.72173 4.91732 5.58238 6.20979 6.80169 7.36009 4.62288 5.20637 5.74664 6.24689 6.71008 4.48592 4.35526 4.23054 4.11141 3.78448 5.03295 4.86842 4.71220 4.56376 4.16042 5.53482 5.33493 5.14612 4.96764 4.48732 5.99525 5.75902 5.53705 5.32825 4.77158 6.41766 6.14457 5.88923 5.65022 5.01877 11 12 13 14 15 9.78685 9.51421 9.25262 8.76048 8.30641 7 B8687 10.57534 10.25776 9.95400 9.38507 8.86325 8.38384 11.34837 10.98319 10.63496 9.98565 9.39357 8.85268 12.10625 11.69091 11.29607 10.56312 9.89864 9.29498 12.84926 12.38138 11.93794 11.11839 10.37966 9.71225 7.13896 6.80519 6.49506 6.20652 5.93770 5.23371 7.53608 7.16073 6.81369 6.49236 6.19437 5.42062 7.90378 7.48690 7.10336 6.74987 6.42355 5.58315 8.24424 7.78615 7.36669 6.98187 6.62817 5.72448 8.55948 8,06069 7.60608 7.19087 6.81086 5.84737 16 17 18 19 20 21 22 23 24 25 13.57771 13.05500 12.56110 11.65230 10.83777 10.10590 8.85137 8.31256 7.82371 7.37916 6.97399 5.95424 14.29187 13.71220 13.16612 12.16567 11.27407 10.47726 9.12164 8.54363 8.02155 7.54879 7.11963 6.04716 14.99203 14.35336 13.75351 12.65930 11.68959 10.82760 9.37189 8.75563 8.20141 7.701627.24967 6.12797 15.67846 14.97889 14.32380 13.13394 12,08532 11.15812 9.60360 8.95012 8.36492 7.83929 736578 6.19823 16.35143 15.58916 14.87747 13.59033 12.46221 11.46992 9.81815 9.12855 8.51356 7.96333 7.46944 6.25933 17.01121 16.18455 15.41502 14.02916 12.82115 11.76408 10.01680 9.29224 8.64869 8.07507 7.56200 6.31246 17.65805 16.76541 15.93692 14.45112 13.16800 12.04158 10.20074 9.44243 8.77154 8.17574 7.64465 6.35866 18.29220 17.33211 16.44361 14.85684 13.48857 12.30338 10.37106 9.58021 8.88322 8.26643 7.71843 6.39884 18.91393 17.88499 16.93554 15.24696 13.79864 12.55036 10.52876 9.70661 8.98474 8.34814 7.78432 6.43377 19.52346 18.42438 17.41315 15.62208 14.09394 12.78336 10.67478 9.82258 9.07704 8.42174 7.84314 6.46415 95061 17.87684 15.98277 14,37519 13.00317 10.80998 9.92897 9.16095 8.48806 7.89566 6.49056 Q516 in 26 G 72729 RAKZA 7 049 KKK