Required information Exercise 10-7 (Algo) Straight-Line: Amortization table and bond interest expense LO P2 [The following information applies to the questions displayed below.] Duval Company issues four-year bonds with a $102,000 par value on January 1,2020, at a price of $97,990. The annual contract rate is 9%, and interest is paid semiannually on June 30 and December 31. Exercise 10-7 (Algo) Part 1 1. Prepare a straight-line amortization table for these bonds. Note: Round your answers to the nearest dollar amount. Exercise 10-15 (Algo) Applying debt-to-equity ratio LO A2 Montclair Company is considering a project that will require a $680,000 loan. It presently has total liabilities of $130,000 and total assets of $710,000. 1. Compute Montclair's ( ) current debt-to-equity ratio and (b) the debt-to-equity ratio assuming it borrows $680,000 to fund the project. 2. If Montclair borrows the funds, does its financing structure become more or less risky? Exercise 10-14 (Algo) Reporting liabilities section of balance sheet LO P2, C1 Selected accounts from WooHoo Company's adjusted trial balance for the year ended December 31 follow. Prepare the liabilities section of its classified balance sheet. Note: Amounts to be deducted should be indicated with a minus sign