Please show and post all work for parts A, B and C. Thank you.

G37 fi page 4 A B D E F . J L 1 Bond Issue Scenario 2: 2 3 On 1/1/2019 Big Sky Inc., issued $25,000,000, 10%, 3-year bonds, due 12/31/2021. The 5% semi-annual coupon payments 4 are paid on June 30th & Dec 31st. At the time of issue, the stated market rate for similar bond issues was 6%, (i.e., 3% semi-annual.) 5 6 a) Calculate the issue price (present value) of the bond proceeds. (round to nearest dollar). (Show and label your work). 7 8 9 10 11 12 13 14 b) Complete the bond amortization table below. (use EXCEL & round to the nearest dollar) 15 16 c) Prepare the accounting journal entries for the bond issue on the Journal Entry Sheet. 17 18 Bond Bond Par 19 Cash Interest Unamortized Carrying Value (Maturity) Value 20 Date Payment Expense Amortization Bond Issue #1 Bond #1 Journal Entries Bond Issue #2 Bond #2 Journal Entries Ready . + 70%