On January l, 2021, Fox Co. issued $650,000, 4%, 2-year bonds that pay interest semi-annual on July 1 & January 1, and mature on January 1, 2023. When issued, investors required 12% interest.

Required - Prepare each of the following items, numbering each (1, 2a, 2b, 3a, 3b, 4a, 4b.):

1. Prepare complete Amortization Table with 12/31 & 6/30 entry dates.

2. Prepare Entries on: a) December 31, 2021 & b) January 1, 2022. Show Acct Types (not FS Effects)

3. How much is Fox's 6/30/22: a) BS bond liability & b)Discount on Bond Payable GL balance? 4. What'sinterest expense on Fox's 2021 IS using a)Effective interest & b) Straight-line amortization?

Type Periods 2.0% 2.5% 3.0% 4.0% 5.0% 6.0% 12.0% 2 0.96117 0.95181 0.94260 0.92456 0.90703 0.89000 0.79719 3 0.94232 0.92860 0.91514 0.88900 0.86384 0.83962 0.71178 4 0.92385 0.90595 0.88849 0.85480 0.82270 0.79209 0.63552 Single Sum 6 0.88797 0.86230 0.83748 0.79031 0.74622 0.70496 0.50663 8 0.85349 0.82075 0.78941 0.73069 0.67684 0.62741 0.40388 10 0.82035 0.78120 0.74409 0.67556 0.61391 0.55839 0.32197 2 1.94156 1.92742 1.91347 1.88609 1.85941 1.83339 1.69005 3 2.88388 2.85602 2.82861 2.77509 2.72325 2.67301 2.40183 3.80773 3.76197 3.71710 3.62990 3.54595 3.46511 3.03735 Ordinary 4 Annuity 6 5.60143 5.50831 5.41719 5.24214 5.07569 4.91732 4.11141 8 7.32548 7.17014 7.01969 6.73274 6.46321 6.20979 4.96764 10 8.98259 8.75206 8.53020 8.1 1090 7.72173 7.36009 5.65022 2 1.98039 1.97561 1.97087 1.96154 1.95238 1.94340 1.89286 3 2.94156 2.92742 2.91347 2.88609 2.85941 2.83339 2.69005 3.88388 3.85602 3.82861 3.72325 3.67301 3.40183 Annuity 4 3.77509 Due 6 5.71346 5.64583 5.57971 5.45182 5.32948 5.21236 4.60478 8 7.47199 7.34939 7.23028 7.00205 6.78637 6.58238 5.56376 10 9.16224 8.97087 8.78611 8.43533 8.10782 7.80169 6.32825