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On January 1,2024, Oriole Satellites Ltd. issued $1.15-million, 10 -year bonds. The bonds pay semi-annual interest on July 1 and January 1 , and Oriole

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On January 1,2024, Oriole Satellites Ltd. issued $1.15-million, 10 -year bonds. The bonds pay semi-annual interest on July 1 and January 1 , and Oriole has a December 31 year end. A partial bond amortization schedule is presented below: Were the bonds issued at a premium or a discount? Question Part Score What is the face value of the bonds? Face value of the bonds What is the contractual rate of interest? Contractual rate of interest % Question Part Score Fill in the missing amounts for items [1] through [5]. Jan. 1,2024 July 1. 2024 $[1] $[2] Jan. 1, 2025 July 1, 2025 Jan. 1, 2026 July 1 , Jan. 1,2027 34,500 34,500 37,704 [4] [5] 37,816 3.316 37,932 3,432 What was the market interest rate when the bonds were issued? (Round answer to 0 decimal places, eg. 52% ) Market interestrate % Question Part Score Record the issue of the bonds on January 1, 2024. (List debit entry before credit entry. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts.) Record the issue of the bonds on January 1,2024. (List deblt entry before credit entry. Credit occount titles are automatically Indented When the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter Of for the amounts.) Record the interest payment on July 1, 2024. (List all deblt entry before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts.) Record the accrual of interest on December 31, 2024. (List all deblt entry before credit entries. Credit account titles ore automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)

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