P10-6 Recording and Reporting Bonds Issued at a Discount L010-4 PowerTap UNities is planning to issue bonds with a face value of $2,700,000 and a coupon rate of 8 percent. The bonds mature in 10 years and pay interest semiannually every Aune 30 and December 31. Al of the bonds were sold on January 1 of this yeac PowerTep uses the offective-interest amortization method Assume an annual market rate of interest of 1o percent .ots PY. of S1, EVA of S1, and PVA of SD(Use the appropriate factorts) from the tables provided) velue P10-6 Part 1 P10-6 Part 1 Required: 1. What was the issue price on January 1 of this year? (Round your final answer to whole dollars.) References P10-6 Part 1 5.88 points P10-6 Part 2 2. What amount of nterest enpense should be recorded on June 30 and December 31 of this year? (Round your final answers to nearest whole dollar 30 31 Worksheet P10-6 Part 2 velue: P10-6 Part 3 3. What amount of cash should be paid to investors June 30 and December 31 of this year? r 31 P10-6 Part 3 5.88 points P10-6 Part 4 . What is the book value of the bonds on June 30 and December 31 of this year? (Round your final answers to June 30 r 31 Bonds payable References