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On January 2 , 2 0 1 9 , Teal Corporation issued $ 1 , 7 5 0 , 0 0 0 of 1 0

On January 2,2019, Teal Corporation issued $1,750,000 of 10% bonds to yield 11% due December 31,2028. Interest on the bonds is payable annually each December 31. The bonds are callable at 101(i.e., at 101% of face amount), and on January 2,2022, Teal called $1,050,000 face amount of the bonds and retired them.
Determine the price of the Teal bonds when issued on January 2,2019.(For calculation purposes, use 5 decimal places as displayed in the factor table provided and round final answer to 0 decimal places, e.g.5,275.)
Price of the Teal bonds $
eTextbook and Media
List of Accounts
Prepare an amortization schedule for 2019-2023 for the bonds. (Round answers to 0 decimal places, e.g.5,275.)
\table[[Date,\table[[AMORTIZATION SCHEDULE],[Bonds Sold to Yield]],Carrying Amount of Bon],[Cash Paid,Interest Expense,Discount Amortized]]
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