Question Lopez Plastics Co. (LPC) issued callable bonds on January 1, 2020. LPC's accountant has projected the following amortization schedule from issuance until maturity: Cash Interest Expense Decrease in Carrying Value Carrying Value Date Paid 1/1/20 $207,020 6/30/20 $7,000 $6,211 $789 206,230 12/31/20 7,000 6,187 813 205,417 6/30/21 7,000 6,163 837 204,580 12/31/21 7,000 6,137 863 203,717 6/30/22 7,000 6,112 888 202.829 12/31/22 7,000 6,085 915 201.913 6/30/23 7.000 6,057 943 200.971 12/31/23 7,000 6,029 971 200,000 What is the bond issue price? $205,417 $207,020 Cannot be determined from the given information $200,000