Oriole Company issued $848,000 of 7%, 7-year bonds on January 1, 2021. The bonds pay interest annually. Click here to view the factor table. Present Value of 1 Click here to view the factor table. Present Value of an Annuity of 1 x Your answer is incorrect. Assuming the market interest rate on January 1, 2021, was 8%, calculate the bond's issue price. (For calculation purposes, use 5 decimal places as displayed in the factor table provide Round answer to 0 decimal places, e.g. 1,575.) Bond issue price 59360 SHOW LIST OF ACCOUNTSPrepare an effective interest amortization table for this bond. (Round answers to 0 decimal places, e.g. 5,275.) ORIOLE COMPANY Bond Discount Amortization Table Effective-Interest Method-Annual Interest Payments Date 7% Bonds Issued at market rate of 8% Interest Payment Interest Expense Discount Amortization Bond Amortized Cost Jan. 1, 2021 X 848,000 6784 X 59360 Jan. 1, 2022 X 848,000 X Jan. 1, 2023 X 848,000 X X Jan. 1, 2024 848,000 X Jan. 1, 2025 X X 848,000 X Jan. 1, 2026 848,000 X Jan. 1, 2027 X X 848,000 X Jan. 1, 2028 X X X 848,000