QUEJ ime Value of Money Tables Present value of a single sum: Periods 2 3 0.96120 0.9423 0.9239 0.9057 0.8880 0.8535 0.8203 % .9426 0.9151 0.8885 0.8626 0.8375 0.7894 0.7441 4% 0.9246 0.8890 0.8548 0.8219 0.7903 0.7307 0.6756 5% 0.9070 0.8638 0.8227 0.7835 0.7462 0.6768 0.6139 6% 0.8900 0.8396 0.7921 0.7473 0.7050 0.6274 0.5584 88 0.8573 0.7938 0.7350 0.6806 0.6302 0.5403 0.4632 10% 0.8265 0.7513 0.6830 0.6209 0.5645 0.4665 0.3855 Present value of an ordinary annuity: Periods 2 8 1.9416 2.8839 3.8077 4.7134 5.6004 7.3255 8.9826 3% 1.9135 2.8286 3.7171 4.5797 5.4172 7.0199 8.5295 4% 1.8861 2.7751 3.6299 4.4518 5.2421 6.7327 .1109 5% 6% 1.85491.8333 2.7233 2.6730 3.5460 3.4650 4.4518 4.2124 5.0761 4.9173 6.4645 6.2098 7.7217 7.3601 89% 10 1.78331.7355 2.5776 2.4869 3.3121 3.1699 3.9927 3.7908 4.62294.3553 5.7466 5.3349 6.7101 6.1446 8 MacBook Pro 3 BU 6.1446 6.7101 7.3255 8.98.26 8.5295 3.11097.72177.3601 Present value of an annuity due: TOR 29416 3.8839 48077 5.7135 7.4720 9.1622 34 56 1.9709 1.9615 1.9524 1.9434 2.9135 2 .8861 2.8594 2.8334 3.8286 3.7751 3.7233 3.6730 4.7171 4.6299 4.5460 4.4651 5.5797 5.4518 5.3295 5.2124 7.2303 7.0021 6.7864 6.5824 3.7861 8.4353 8.1078 7.8017 R$ 1.9259 2.7833 3.5771 4.3121 4.9927 6.2064 7.2469 10% 1.9174 2.7355 3.4869 4.1699 4.7908 5.8684 6.7590 On January 1, 2020, the University Company purchased four-year, 6%, $300,000, due December 31, 2022. Interest is payable semi annually beginning June 20, 2020. The bonds were issued to yield 10%. The University Company plans to hold the debt securities until maturity. It uses the effective interest rate to recognize the interest revenue on its debt securities. Calculate the amount that the University Company will debit to Held-to-Maturity Debt Security in its January 1, 2020 journal entry to record the bond purchase. MacBook Pro