Problem III: (20 points) Evans Inc., a calendar year-end company, has the following information for a debt security it has classified as being an available-for-sale security. On 9/1/2020, Evans Inc. purchased 15-year bonds with a total face value of $200,000 and a face interest rate of 5% compounded semi-annually. The bonds were purchased for $180,400 to yield an effective rate of 6% compounded semi-annually. Interest is received semi-annually on September 1 and March 1 beginning March 1, 2021. On 12/31/2020, Evans accrues interest revenue on these bonds using the effective-interest method. On 12/31/2020, the bonds are worth $185,000. There have been no previous fair market adjustments for AFS securities. On 3/1/2021, the company receives its first interest payment related to this available-for-sale security. Part I: (0 points) For practice, confirm that the rounded issue price of this bond investment is equal to the amount of $180,400 given above. Space to show your work (calculator variables):