Please do A-E

On January 1 , 2018, Modine Technology, Incorporated issued $750,000 of $1,000 par value, 8%, 6-year bonds. Interest is payable semiannually each January 1 and July 1 with the first interest payment due at the end of the period on July 1, 2018. The market rate of interest for similar non-convertible bonds on the date of the bond issue was 14%. However, because these bonds are convertible, the effective rate is 12%. Each bond is convertible into 100 shares of Modine Technology's $5 par value common stock. Assume there is no beneficial conversion option. Read the requirements. Requirement a. Determine the issue price of the debt. (Use the present value and future value tables, the formula method, a financial calculato decimal places, X.xxXxx. Round your final answers to the nearest whole dollar.) The issue price of the debt is $ 1 Requirements Determine the issue price of the debt. Prepare the amortization table for the bond issue through January 1, 2021, assuming that Modine Technology uses the effective interest rate method of amortization a. b. c. d. e. Prepare the journal entry when Modine Technology issued the bonds. Prepare the journal entry to record the first interest payment. The bonds converted on January 1, 2021. Prepare the journal entry to record the bond conversion. Print Done