On June 30, 2021. Singleton Computers issued 4% stated rate bonds with a face amount of $200 million. The bonds mature on June 30, 2036 (15 years). The market rate of interest for similar bond issues was 3% (15% semiannual rate) Interest is paid semiannually (20%) on June 30 and December 31, beginning on December 31, 2021. (FV of $1. PV of $1. FVA Of $1. PVA of $1. VAD of S1 and PVAD of S1) (Use appropriate factor(s) from the tables provided.) Required: 1. Determine the price of the bonds on June 30, 2021 2. Calculate the interest expense Singleton reports in 2021 for these bonds using the effective interest method Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the price of the bonds on June 30, 2021. (Enter your answers in whole dollars. Round percentage answers to one decimal place. Round your final answers to nearest whole dollar amount.) Table vals are based on: Amount Present Value Cash Flow Interest Principal Price of bonds Rund 1 Required 2 > On June 30, 2021. Singleton Computers issued 4% stated rate bonds with a face amount of $200 million. The bonds mature on June 30, 2036 (15 years). The market rate of interest for similar bond issues was 3% (1.5% semiannual te). Interest is paid semiannually (20%) on June 30 and December 31, beginning on December 31, 2021. (FV of $1. PV of $1. FVA of $1. PVA of $1. VAD of S1 and PVAD of $1 (Use appropriate factor(s) from the tables provided.) Required: 1. Determine the price of the bonds on June 30, 2021. 2 Calculate the interest expense Singleton reports in 2021 for these bonds using the effective interest method. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the interest expense Singleton reports in 2021 for these bonds using the effective interest method. (Enter your answers in whole dollars. Round your final answers to nearest whole dollar amount.) Period-End Cash Interest Bond Interest Pald Expense Premium Amortization Carrying Value 06/30/2021 12/31/2021 - Kiddy Toy Corporation needs to acquire the use of a machine to be used in its manufacturing process. The machine needed is manufactured by Lollie Corp. The machine can be used for 10 years and then sold for $22.000 at the end of its useful life. Lollie has presented Kiddy with the following options: (FV of $1. PV of $1. FVA of $1. PVA of $1. FVAD of S1 and PVAD of $1 (Use appropriate factor(s) from the tables provided.) 1. Buy machine. The machine could be purchased for $172,000 in cash. All insurance costs, which approximate $17.000 per year, would be paid by Kiddy 2. Lease machine. The machine could be leased for a 10-year period for an annual lease payment of $37,000 with the first payment due immediately. All Insurance costs will be paid for by the Lollie Corp, and the machine will revert back to Lollie at the end of the 10- year period Required: Assuming that a 10% interest rate properly reflects the time value of money in this situation and that all maintenance and insurance costs are paid at the end of each year, determine which option Kiddy should choose Ignore income tax considerations. (Negative amounts should be indicated by a minus sign. Round your final answers to nearest whole dollar amount.) PV Buy option Lease option Kiddy should choose