PROBLEM On January 1, 2019, Pons, Inc. issued a 296 installment note to Green Bank in the amount of 10,000. The not require annual payment for 4 years Determine the amount of the animal payment, and write your answer on this line Round to the nearest whole dollar when necessary You must show your work in the space provided below for any credit to be awarded Use the present value table provided in class (also posted in our course D2L shell with the CH14 materials) to make the calculation (Use the numbers ictly as they appear in the table.) Record the annual payments that will be made each December 31 PROBLEM Bamboo Corporation produces and sells rock climbing equipment. On February 28, Bamboo Corporation had the following accounts and balances: Bonds payable S180,000 Discount on bonds payable 19,000 On that day, Bamboo Corporation redeemed one quarter of the bonds in the market at 101. Prepare the journal entry to record the redemption. Show your calculation in the space provided below the journal entry lines for any credit to be awarded. Round to the nearest whole dollar when necessary. TABLE 4 Present Value of an Ordinary Annuity of $1 (1 + PVA- 1.0% 1.5% 2.0% 2.5% 3.09 3.55 4.0% 4.5% 5.0% 5.5% 6.0% 7.0 8.0% 0.0% 100% 11.04 12.09 20.0 1 0. 10 0.98522 0.98039 0.075610.97087090618 096154 0.95694 0.95238 0.94787 0.94340 093458 0.925930.01743 0.00 0.00 2 1.97040 1.95588 1.94156 1.92742 1.91347 107 10860 187267 1.85941 1.84632 183339 80802 178326 1.75911 1.73554 71252 2.90 2.01220 2.66388 285602 2.82861 2.80164 2.77509 2.74896 2.72325 2.69793 267301262432 257710253129 2.48685 241 240163 21 43.9019389438 3.80773376197 371710 676 362 3.58753354595 3.50515346511 38721331213323972 316 310250 $ 4.8534) 478264 4.71346 4.6450) 4.57971 451505 4451824389984.32943 427020 421236 41002039927188965 1079 3. 630 6 .79548 5.69719 5.60143 S50813 9.41719 32055 5.24214 5.15787 5.07569 4.99553 4.91732 476654 4622854.48592 435526 4.2005 7 6.72819 6.59821 6.47199 6.34939 6.23028 0.11454 0.002055.89270 5.78637 5.68297 5.58238 5.38929520637 5.03293 4.86842471220.50/50 8 7.65168 7.485937.32548 7.17014 7.01909 6.87396 6.73274 6.59589 6.46321 6.33457 6.20979 5.971305.74664 5.53482 5.33493 5.146124.96764 . 9 8.56602 8.36052 8.162247.97087 7.78611 7.60709 7.43533 7.26879 7.10782 6.95220 6.80189 6.51523624689 5.99525 5.75902 5.53705 5.32825 403097 10 0.47130 0.22218 8.98250 8.75206 8.53020 8.31661 8.11090, 7.21272 7.72173, 7.53763 7.36000 7.02358 6.71000641766614457 5.88921 565022 4.1920 11 10.36763 10.07112 9.78685 9.51421 9.252629.00155 8.76048 8.52892 8.30641 8.09254 7.88687 7.498677.1389 6.80519 6.49506 6.20652 5.93770 4.32706 12 11.25508 10.90751 10.57534 10.25776 0.95400 0.66333 0.38507 0.11858 8.86325 8.61852 8.38334 7.94209 7.53608 7.16073 6.81369 6.49238 6.19437 443972 13 12.13374 11.73153 11.34837 10.98319 10.63496 10.30274 0.98585 9.68285 0.39357 9.11708 8.85268835765 7.903787.48690 7.10336 6.74987642355 453201 14 13.00370 12.34338 12.10625 11.69091 11.29607 10.92052 10.56312 10.22283 9.89864 9.58965 9.294988.74547 8.24424 7.78615 7.36669 6.98187 6 62817 461057 15 13.86505 1334323 12.84926 12.38136 11.93794 11.51741 11.11830 10.73955 10.379661003758 9.71225 9.10701 8.559488.06059 7.60608 7.19087 6.81056 4.67547 0 16 14.71787 14.13126 13.57771 13.05500 12.56110 1204412 116230 11.232 .67 17 15 56225 14.90765 14 29187 13.71220 13.16612 12 651821216567 10.70 12 18 16 30827 15.67256 14.99203 14 35336 13.75351 13:19 12650 12. 1 1 . 19 1722601 16.42617 15.67846 14.97589 14 12300 13. 0 0 12.5 12.0 2018.04555 17.1664 1635143 15 58916 14.87747 14 21340 1350 13. 0.100 4466585137831256 7.82371 7.37916 697399 4.72956 .60401047720 76 12164 8.54363 8.02155 7.54879 7 11963 477463 2010 210. 00 37189 8.75563 8.20141 7.70162 724957 481219 .0 .15012103356060360 8.95011 836492 783929 736578 43410 10.5401081815 9.12855 8.51356 7.96133 7 494 43 and 21 18.85698 17.00014 17.01121 16.18455 15.41502 e 1 25 22 02316 20.71961 19.52346 18.42438 17.41315 10.40157 15. 000 30 25 80771 2401584 2239646 20.93029 19 6004 v a 0 23340 29.91585 27.35548 25.10278 23.11977 21.1550Fww.remo n 0.0553 10 0160929224 8.64869 807502256200439112 1 1.65358 10 67478982258 9.07704 8.421741431441459 2.404 11 25778 10.27365 942691 8693793055174 .ee 171 11.92461 10.75736 9.77905 89510552437 TABLE 2 Present Value of $1 PV- (1 0.0% 1.0% 1.5% 2.0% 2.5% 3.09 3.5% 40% 4.5% 5.0% 5.5% 6.0% 7.0% 101010 0.48922 0. 40 0.97561 0.97087 0.96618 0.96154 0.95694 0.95238 0.94787 0.94340 0.93458 2 0.98030 0.97066 0.96117 0.95181 0.94260 0.93351 0.92456 0.91573 0.90703 0.99545 0.0000 0.87344 7 0 0.45632 .12 0 .92660 0.91514 0.90194 080100 0.87630 0.36384 0.85161 0.829620.816.30 090018 0.4218 0.923650.70595 0.88640 0.87144 0.85410 0.83056 0.82270 080722 0.79200 0.76290 5 0.95167 0.92826 0.40573 0.58385 0.86261 0.14197 0.82193 0.00245 0.7835) 0.76513 0.74726 0.71299 0.0% 10.09 11.09 12.6 0.917430. Ovo ovo c e 0.1416 0.1645 0.011620.79110 0.72218 0.77218 0.751 75131 0.73119 0.71178 0.7084) 0.66301 0.6573 .13 0.649930620920593455 0.92593 0.35734 0.79303 0.73503 0.61058 do 0.57870 3 7 0.94205 0.91454 0.88797 0.86230 0.8374 081350 0.79031 0.76790 0.74622 0.72525 0.92272 0.90103 0.87056 0.84127 0.87309 0.78599 0.75992 0.73483 0.71068 0.68744 0.92340 0.80771 0.85349 0.22075 0.70941 0.75941 0.73069 0.70319 0.67614 0.65160 14 0.07439 0.53676 0.00073 0.76642 0.73373 0.70259 067290 064461 0.6176 0.90329 0.86167 0.82035 0.78120 0.74409 0.70892 0.67556, 0.64393 0.61391 0.5854) 0.70495 0.66506 062741 0.59190 0.55839 0.66634063017 0.62275 0.58349 0.58201 0.54027 0.54393050025 0.50835 0.46319 0.59627 0.56447 054703 0.57316 Q50187 050187 0.46451 0.46651 0.46043 0.42410 0.42241 0.39554 0.5744 0.45166 0.4312 0.43393 0. 0.35216 4 545 0.40388 .03 0.22257 10 0.16151 0.3217 0.11216 0.09346 .07789 0.06491 0.05409 0.04507 11 0.09632 0.84093 0.80426 076214 0.72242 0.64495 0.64958 0.61620 0.58468 0.55491 0.52679 0.475090.42000 0.38753 0.35049 0.0172 0.207 12 0.88745 0.83639 0.78849 0.74356 0.70138 0.66178 0.62460 0.58966 0.55684 0.52598 0.49697 0.44401 0.39711 0.35553 0.31863 0.28584 0.25668 13 0.87866 082403 0.77303 0.72542 0.68095 0.63040 0.60057 0.54427 0.53032 0.49856 0.46884 0.41496 0.36770 0.32618 0.20966 0.25751 022917 14 0.86996 0.81165 0.75788 0.70773 0.66112 0.61778 0.57748 0.53997 0.50507 0.47257 0.44230 0.38782 0.34046 0.29925 0.26333 0.23199 0.20462 0 15 0.86135 0.79985 0.74301 0.69047 0.64186 0.59689 0.55526 0.51672 0.48102 0.44793 0.41727 0.36245 0.31524 0.27454 0.23939 0.20900 0.16270 16 0.65282 0.78803 0.72845 0.87362 0.62317 0.57671 0.53391 0.40447 0.45811 0.42458 0.39365 0.33873 0.29189 0.25187 0.21763 0.16629 0.16312 1 034438 077039 071416 0.85720 0.00502 0.55720 0.51337 0.47318 0.43830 0.40245 0.37136 0.31657 0.27027 023107 0.1784 0.106 2010 70016 0.64117 0.56739 0.53836 0.49363 0.45280 0.41552 0.38147 0.15094 0.29586 0.2502502117 0.17 0.1128 1012274 075844 04144) 0.62553 0.57029 0.52016 0.47454 0.43330 0.39573 0.36158 0.33051 0.27651 0.23171 0.19449 0.16351 0.137600.16 20 0.81054 0.74247 0.67297 0.61027 0.55368 0.50257 0.45639 0.41464 0.37689 0.34273 0.31180 0.25642 0.21455 0.17843 0.14864 0.12403010367 21 081143 073150 0.05978 0.59539 0.53755 0.48557 0.43883 0.39679 0.35894 0.32486 0.29416 0.24151 0.19 0.16370 013513 0.11178 002256 2 7827 40054 062172 0.55238 0.40193 0.43796 0.0012 0.34770 0.1007 0.27666 0.24698 0.19715 0.15770 0.12640 0.10151001170 1 250 .77077 060921 0609530.5393 0.47761 0.035 0.37312 3 2 2223 0.233000.18425 0.14602 0.11597 0.09230 0.07361 0.05882 28 0.75684 065910 057437 090088 0.43700 0.30165 0. 14 0.2157 02330 220 0.19503015040.11591 0.009550.059340.0508204187 20 0.74934 0.64936 0.56311 0.48666 0.42435 0.36875 0.12065 0 27002 0.24295 0.21168 0.18456 0.14056 0.10733 0.08215 0.06304004349 00373 30074192 063976 0.55207 0.47674 0.4119 0.35626 0.0002 0.20700 0.25138 020064 0.17411 0.13 0.09930007537 005731 0.04368 000318 54135 0.40511 0. 00 0. 029046 0.25550 0.22036 0.19018 0.16425 0.12277 004202 0.049150 . 0 0 4007165 0.55125 0.45289 037243 0.30656 0.25257020027 0.17193 0.74205 0.11746 0.09722 0.00078 0.04603 0.03184 0.02209 0.01532 0.01975 0.02608 0 01045 000601 000506 00421 000068