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please help Present value of a $1 single payment Present value of a $1 ordinary annuity (Table 2) ( Table 4) 10.970870.966180.961540.956940.952380.970870.966180.961540.956940.9523820.942600.933510.924560.915730.907031.913471.899691.886091.872671.8594130.915140.901940.889000.876300.863842.828612.801642.775092.748962.7232540.888490.871440.854800.838560.822703.717103.673083.629903.587533.5459550.862610.841970.821930.802450.783534.579714.515054.451824.389984.3294860.837480.813500.790310.767900.746225.417195.328555.242145.157875.0756970.813090.785990.759920.734830.710686.230286.114546.002055.892705.7863780.789410.759410.730690.703190.676847.019696.873966.732746.595896.4632190.766420.733730.702590.672900.644617.786117.607697.435337.268797.10782100.744090.708920.675560.643930.613918.530208.316618.110907.912727.72173110.722420.684950.649580.616200.584689.252629.001558.760488.528928.30641120.701380.661780.624600.589660.556849.954009.663339.385079.118588.86325 Mitchell Inc, issued

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Present value of a $1 single payment Present value of a $1 ordinary annuity (Table 2) ( Table 4) 10.970870.966180.961540.956940.952380.970870.966180.961540.956940.9523820.942600.933510.924560.915730.907031.913471.899691.886091.872671.8594130.915140.901940.889000.876300.863842.828612.801642.775092.748962.7232540.888490.871440.854800.838560.822703.717103.673083.629903.587533.5459550.862610.841970.821930.802450.783534.579714.515054.451824.389984.3294860.837480.813500.790310.767900.746225.417195.328555.242145.157875.0756970.813090.785990.759920.734830.710686.230286.114546.002055.892705.7863780.789410.759410.730690.703190.676847.019696.873966.732746.595896.4632190.766420.733730.702590.672900.644617.786117.607697.435337.268797.10782100.744090.708920.675560.643930.613918.530208.316618.110907.912727.72173110.722420.684950.649580.616200.584689.252629.001558.760488.528928.30641120.701380.661780.624600.589660.556849.954009.663339.385079.118588.86325 Mitchell Inc, issued 64,10%,$1,000 bonds on January 1, 2020, for $70,006. The bonds pay cash interest semiannually each June 30 , and December 31 , and were issued to yield 8%. The bonds mature December 31, 2025, and the company uses the effective interest method to amortize bond discounts or premiums. On January 1, 2020. Mitchell Inc, elects to account for the bonds using the fair value option. At December 31, 2021, the market rate on the bonds is 6%. Required: 1. The carrying value of the bonds on December 31,2021 is $ 2. The fair value of the bonds on December 31,2021 is $ 3. The amount of unrealized holding gain or loss is $ (Fill in the last blank with "gain" if there is an unrealized holding gain or "loss" if there is an unrealized holding loss) Note: Don't round until the final answer. Round the final answer to the nearest dollar

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