Read the requirements.

Requirement $1.$ Use the PV function in Excel to calculate the issue price of the bonds. $($Round your answer to the nearest whole dollar.$)$

The issue price of the bonds is

Requirement $2.$ Prepare an amortization table for the first four semiannual interest periods.

Enter the issue date information, then complete the table for each of the following semiannual interest periods. $($Round your answers to the nearest whole dollar.$)$

Start by recording the issuance of the bonds on June $30,2021.$

Journal Entry

Record the semiannual interest payment on December $31,2021.$

Journal Entry

Record the semiannual interest payment on June $30,2022.$

Journal Entry