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Potter Corporation issued $540,000 of 7%,10-year bonds payable on Manch 31,2022 . The markat interest rale at the date of issuance was 10%, and the

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Potter Corporation issued $540,000 of 7%,10-year bonds payable on Manch 31,2022 . The markat interest rale at the date of issuance was 10%, and the bonds pay interest sertiannialy Puteer Corporation's year-ond is Marcht 31. Read the tequitements The issue price of the bonds is Requirements 1. Using the PV function in Excol, calculate the issue prion of the bonds: 2. Prepare an elfective-interest amortiration table for the bends through the firs: troe interest paymerks. Reund anounts to the nearest dollar 3. Recond Poter Corporation's issunce of the bonds on March 31, 2022, and payment of the frat sentiannal interest amount and amortiralon of the bond disoount on September 30, 2022. Explanations are not poquired

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