Required information P10-9 (Static) Recording and Reporting Bonds Issued at a Premium L010-5 [The following information applies to the questions displayed below.) Cron Corporation is planning to issue bonds with a face value of $700,000 and a coupon rate of 13 percent. The bonds mature in five years and pay interest semiannually every June 30 and December 31. All of the bonds were sold on January 1 of this year. Cron uses the effective interest amortization method. Assume an annual market rate of interest of 12 percent. (FV of $1. PV of $1. FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.) P10-9 Part 1 Required: 1. What was the issue price on January 1 of this year? (Round your final answers to nearest whole dollar amount.) Issue prico Required information P10-9 (Static) Recording and Reporting Bonds Issued at a Premium LO10-5 [The following information applies to the questions displayed below) Cron Corporation is planning to issue bonds with a face value of $700,000 and a coupon rate of 13 percent. The bonds mature in five years and pay interest semiannually every June 30 and December 31. All of the bonds were sold on January 1 of this year. Cron uses the effective-interest amortization method. Assume an annual market rate of interest of 12 percent. (FV of $1. PV of $1. FVA of $1. and PVA of $1) (Use the appropriate factor(s) from the tables provided.) P10-9 Part 2 2. What amount of interest expense should be recorded on June 30 and December 31 of this year? (Round your final answers to nearest whole dollar amount.) June 30 December 31 Interest expense Required information P10-9 (Static) Recording and Reporting Bonds Issued at a Premium LO10-5 [The following information applies to the questions displayed below) Cron Corporation is planning to issue bonds with a face value of $700,000 and a coupon rate of 13 percent. The bonds mature in five years and pay interest semiannually every June 30 and December 31. All of the bonds were sold on January 1 of this year. Cron uses the effective-interest amortization method. Assume an annual market rate of interest of 12 percent (FV of $1. PV of $1. FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.) P10-9 Part 3 3. What amount of cash should be pald to investors June 30 and December 31 of this year? June 30 December 31 Cash paid Required information P10-9 (Static) Recording and Reporting Bonds Issued at a Premium L010-5 [The following information applies to the questions displayed below) Cron Corporation is planning to issue bonds with a face value of $700,000 and a coupon rate of 13 percent. The bonds mature in five years and pay interest semiannually every June 30 and December 31. All of the bonds were sold on January 1 of this year. Cron uses the effective-interest amortization method. Assume an annual market rate of interest of 12 percent (FV of $1. PV of $1. EVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.) P10-9 Part 4 4. What is the book value of the bonds on June 30 and December 31 of this year? (Round your final answers to nearest whole dollar amount.) June 30 December 31 Bonds payable ZON 1.05 3.755 SON 8.ON 7.0% 104000 Future Value of $1 1.ON + 101000 2 102010 3 103030 4 104060 5 105101 6 106152 7 107214 8 108286 109369 10 1.10462 102000 100040 106121 108243 1.10400 1.12616 1.14 1.17166 1.19509 1.21899 103000 1.06000 109273 1.12551 1.15827 1.19405 1.22987 1.26677 130472 1.34392 163750 107641 111677 1.15855 120210 124718 129305 134247 1.39281 144504 1130 1.169 121565 126522 131593 136357 104250 10681 113300 136115 120135 120368 133024 139511 1.45440 1.51621 105000 1.10250 1.15253 121551 1.27628 1.34010 1.40710 1.47745 1.55133 162889 100000 1.12380 1.19102 1 26243 133823 141052 1.50153 1.59385 150948 179085 107000 1.1400 $22504 31000 1.40255 150073 1 505TO 171819 16233 196715 Future Value of $1 Periods 1.05 1.0 3.0 2.755 SON 7.0% 1.58065 1.64783 1.71785 79007 11 1.11567 12 1.12655 13 1.13809 14 1.14947 15 1.16097 16 1.17250 17 1.13430 18 1.19615 19 120811 20 122019 25 128243 1.34785 Future Value of $1 Periods 0.0% 1.24337 126824 1.29361 131948 1.34587 137279 1.40024 1.42825 1.45681 1.48595 154061 181136 1.38422 1.42576 1.46853 151250 1.55797 160471 165285 1.7024 1.75351 1.30611 2.09378 242726 155545 161378 157430 173709 110223 126951 197993 201268 2.08815 251017 301747 15095 150103 156507 173150 180094 187290 1940790 200582 2.10685 2.19112 2.56584 3.2640 171034 1.79585 18565 197995 207890 2.18287 229302 240662 2.52695 2.65330 38635 6.0 189830 2.01220 2.13293 2.26090 239656 254035 2.68277 2,85434 3,02560 3.20714 429187 5.74340 2.10035 2.25219 240905 257853 2.75003 295216 3.15882 3.37993 3.61653 386368 5.42743 7.61226 202905 2.11529 2.20519 2.25091 23075 25 9.09 13.0 16.0 20.0% 1.13000 12190 10 163041 1 2 3 4 5 6 7 8 9 10 1.08000 1.16640 1.25971 1.36049 1.46933 1.58687 17122 185093 1.99900 2.15892 109000 1.18810 129503 141150 1.53862 167710 182104 199256 2.17189 2.36736 10.08 1.10000 1.21000 1.33100 1.46410 161051 177156 154872 2.14358 2.35795 259374 1.11000 123210 136763 151307 18506 187041 2.07616 2.30454 255804 200942 1.12000 1.2540 14093 157352 176234 1973 221050 2475 2.77300 3.10585 15.05 1.15000 132250 152088 1.74901 201135 231306 2.66002 3.05902 3.51788 404556 1.54000 1.29960 148154 168896 192541 2.79497 250227 2.65259 3.25155 2.70722 1.20000 144000 172000 207360 248832 298598 3.58318 429982 5.15978 &19174 25.09 1.25000 1.56250 1.95313 2444141 305176 3.81470 4.76837 5.96046 7.45058 9.31323 200195 235251 265844 300404 339457 Future Value of $1 Periods 8.09 9.03 100% 11.08 16.05 15.05 25.09 13:05 3.83586 215175 1455 465239 285312 3.13843 3.45227 2.79750 417725 11 12 13 14 15 16 17 18 19 20 25 30 233164 251817 2.71962 2.93719 2.17217 3.42554 2.70002 399602 431570 466096 6.8484 10.06266 2.58043 281264 3.06580 2.34173 354248 3.97031 432763 4,71712 5.14166 5.60441 862300 13.26760 19801 S5345 6.25427 7.06723 7.800 388326 1044 4.78459 531089 5.9509 6.546355 7.26334 8.06.231 1858546 22.89230 5.62357 613039 100 760991 3.61276 4.22123 481790 549241 625035 7.13794 8.13725 927646 10:57517 12.05569 13.7649 26.46192 50.95016 5054 20.0% 7.43008 891610 10.69932 12,83918 15.40702 18.48843 22.18611 26.62333 315400 38 33760 55.30622 2373631 6.15279 7,07571 3.13705 335762 10.76125 12.27545 1423177 16.36654 12.99395 116 21177 1166153 1455192 18.18989 22.72737 28.42171 3552714 14.40992 55 51115 6938894 673617 26469780 307.79057 6. 1154 6.72750 10 83471 1740940 10.1970 1152309 212054 17.00006 29.95992 2.09 3.0 3.755 4.0% 5.0% 6.09 7.09 Present Value of $1 Periods 1 0.99010 2 0.98030 3 0.97059 4 0.96098 5 095147 6 0.94205 7 0.93272 8 0.92348 9 0.91434 10 0.90529 Present Value of $1 Periods 1.0% 0.98039 0.96117 0.94232 0.92385 0.90573 0.88797 0.87056 0.85349 0.83676 0.82035 0.97087 0.94260 091514 0.88849 0.86251 0.83748 0.81309 0.78941 0.76642 0.74409 0.96186 0.92902 0.89544 0.86307 0.83188 0.80181 0.77283 0.74490 0.71797 0.69202 0.96154 0.92456 0.88900 0.85480 0.82193 0.79031 0.75992 0.73069 0.70259 0.67556 0.95923 092015 0,88252 0.84663 0.81212 0.77901 0.74725 0.71679 0,68757 0.65954 0.95228 0.90703 0.86384 0.82270 0.78353 0.74622 0.71064 0.57684 054461 0.61391 0.94340 0.89000 0.83967 0.79209 0.74726 0.70496 0.66506 0.62741 059190 0.55639 093450 0.87344 081630 0.76290 071299 0.66634 0.62275 0.56201 0.54193 0.50835 2.0% 3.09 3.755 4.09 5.0 11 12 13 14 15 16 17 18 19 20 25 30 0.89632 0.88745 0.87866 0.86995 0.86135 0.85282 0.84438 0.83602 0.82774 0.81954 0.77977 0.74192 0.80426 0.78849 0.77303 0.75788 0.74301 0.72845 0.71416 0.70016 0.68543 0.67297 0.60952 0 55207 0.72242 0.70138 0.68095 0.66112 0.64186 0.62317 0.60502 0.58739 0.57029 0.55368 0.47761 0.41199 0.66701 0.64290 0.61966 0.59726 0.57568 0.55687 053431 0.51548 0.49685 0.47809 0.39838 033140 0.54958 0.62450 060057 0.57748 0.55526 0.53391 051337 0.49363 0.47454 0.45639 0.37512 0.30832 0.63265 0.60586 0.58212 0.55839 0.53562 051379 0.49284 0.47275 0.45348 0.43499 0.35326 0.28689 0.58468 0.55684 0.53032 0:50507 0.68102 0.45811 0.43630 0.41552 0.39573 0.37689 0.29530 0.23138 0.52679 0.49697 0.46834 044230 0.41727 0.39365 037136 0.35034 0.33051 0.31180 0.23300 0.17411 0.47509 0.46001 0.41496 0.38782 0.36245 0.33873 0.31657 0.29536 0.27651 0.25842 0.13425 0.13137 Present Value of $1 Periods 9.0 100% 11.05 12.05 13.03 14.0% 20.0% 25.05 1 2 3 4 5 0.92593 0.85734 0.79383 0.73503 0.68058 0.63017 0.58349 0.54027 0.50025 0.46319 0.91743 0.84168 0.77218 0.7843 0.64993 0.59627 0.54709 0.50187 0.46043 0.42241 0.90909 0.32545 0.75131 058301 0.62092 0.56447 0.51316 0.46651 0.42410 0.38554 090090 081162 0.73119 0.65873 059345 0.53454 0.48166 0.43393 0.39092 0.35218 0.89286 0.79719 0.71178 0.63552 0.56743 0.50663 0.45235 0.40388 0.36061 0.32197 0.88496 0.78315 0.69305 0.61332 0.54276 0.48032 0.42506 0.37616 0.33288 0.29459 087719 0.76947 0.67497 0.59205 0.51937 0.45559 0.39964 0.35056 0.30751 0.26974 15.0% 0.86957 0.75614 0.65752 0:57175 049718 0.43233 0.37594 0.32690 0.28426 0.24718 0.83333 0.69444 0.57870 0.48225 0.40188 0.33490 0.27900 0.23257 0.19381 0.16151 0.80000 06-1000 051200 0.40960 0.32758 0.26254 0.20972 0.16777 0.13422 0.10737 6 7 8 9 10 Present Value of $1 Periods 8.0 10.0% 15.0% 20.0 25.09 11 12 13 14 15 16 17 18 19 20 25 30 0.42888 0.39711 0.36770 0.34066 0.31524 0.29189 0.27027 0.25025 0.23171 0.21455 0.14602 0.09938 0.38753 0.35553 0.32618 0.29925 0.27454 0.25187 0.23101 0.21199 0.19449 0.174 0.15597 0.07537 0.35049 0.31863 0.28966 0.26333 0.23939 0.21763 0.19784 0.17986 0.16351 0.14864 0.09230 0:05731 11.0% 0.31728 0.26584 0.25751 0.23199 0.20900 0.18829 0.16063 0.15282 0.13768 0.12403 0.07361 0.04368 12.05 0.28743 0.25668 0.22917 0.20462 0.18270 0.16312 0.14564 0.13004 0.11611 0.10.367 005882 0.03338 0.26070 0.23071 0.20416 0.13068 0.15989 0.14150 0.12522 0.11081 0.09806 0.00678 0.04710 0.02557 0.23662 0.20756 0.18207 0.15971 0.14010 0.12289 0.10780 0.09456 0.08295 0.07275 0.03779 0.01953 021494 0.18691 0.16253 0.14133 0.12289 0.10686 0.09293 0.08051 0.07027 006110 0.03038 001510 0.13459 0.11216 0.09346 0.07789 006491 0.05409 0.04507 000756 0.03130 0.02508 0.01048 0.00421 0.00500 006872 0.05490 0.009 003518 0.02815 0.02252 001801 0.01461 0.01153 0.00378 0.00124 Future Value of Annuity of 51 Periode 2.0 3.0 3.78 4.0 5.0 1.0 7. 10000 100000 2.05000 1150 431013 100000 202000 306040 412151 5.20004 6.30812 7.43428 8.58297 9.75463 10.94972 1.00000 2.03000 3.09090 4.10363 530914 6.46041 7.66246 189234 10.15911 11.46388 1 100000 201000 1 303010 4 406040 5 5.10101 6 6.15202 2 7.21356 8 8.28567 9.36853 10 10.46221 Future Value of Annuity of $1 Periods 1. ON 1.00000 2.00750 111391 4.23068 538933 6.59143 7.83861 9.13255 10.47503 11.06784 1.00000 2.04250 212931 426230 544345 6.67430 100000 2.04000 212100 424646 5.45632 663238 7.89829 9.21423 10.58280 12.00611 11 37062 567705 697532 100005 207000 121490 404 5.75074 7.152 9.29671 10.69132 12.14522 6.000 $ 1201 950911 1106 12.57789 9.2977 11 2012 10.000 11.97799 1221645 2.0 2.0% 3.75 6.25% 5.OS E.ON 7. 13.48535 15.02581 14.2007 15.91713 12.80780 14. 19203 15.61779 1708612 18 59891 20.15688 21.76159 23.41444 25.11687 26.87037 36.45926 47.57542 13.31288 1481212 16.36757 1798135 19.65565 21.39274 23.19497 25.06478 27.00471 29.01730 46.27112 53.79924 18.29191 20.02359 21.2450 23.69751 25.54541 27.67123 2277808 41.64591 56.00494 15.2009 16.99092 160079 20.1990 22.26665 2421200 26.26200 2835732 30.56250 43.07648 58.48550 19.5053 2157056 22.05709 25.54037 28 13230 30 53900 33 00 42.72710 66.43835 149714 56.94 130214 2101507 222753 2567250 20.21280 30 SONGS 33.750 35 5451 29.05819 15.78360 1238845 2010 22.550 25.12902 27805 3034022 33.99903 37 375 409959 632404 94.46079 13.05 14.05 16.05 2003 25.0 11 11.56683 12.16872 12 1268250 13.41200 13.80933 14.68033 14 14 4742 15.97394 15 16.09690 17.29342 16 17.25786 18.63929 17 18.43044 20.01207 18 1961475 21.41231 19 20 31090 22.34056 20 22.01900 24.29737 25 28.24320 32,03030 30 34.78489 40 56808 Future Value of Annuity of $1 Periods 8.09 1 1.00000 100000 2 208000 2.09000 3 3.24640 3.27810 4 450611 457313 5 5.36660 5.98471 6 733593 752333 7 392280 9.20043 8 1063663 11.02847 . 124756 13.02104 10 14.45656 1519293 Future Value of Annuity of $1 Periods 8.09 11 1664549 17.56029 12 18.97713 2014072 5 21.495.30 2295330 14 24.21692 26.01919 15 27.15211 29.36092 16 30 32428 33.00340 12 33.75023 36.97370 18 37.45024 41.30134 41.44626 46.01146 20 45.76196 51.16012 25 73.10594 84.70000 30 113.28321 136 30754 10.0% 1.000.00 210000 331000 464100 610510 771561 11.0% 1.00000 21000 2.34210 4.70973 6.22780 7.91286 9.78327 1185943 14.16297 16.72201 12.05 100000 2.12000 237440 4.77933 6.35205 8.11519 10.08901 12.29969 14.77566 17.54874 100000 2.13000 3.60690 4.84980 6.48027 312271 10.40456 12.75726 15.41571 18.41975 1.00000 2.14000 20960 492114 6.61010 353552 10.73049 1323276 16.08535 1933730 100000 2.15000 3.47250 99337 6.74230 75374 LOGO 100000 220000 3.600 5.35800 7.44560 9.92992 12.91590 15.900 20.79050 25.95858 2.25000 3.81250 5.76563 3.20703 112879 15.07349 11.45 13.57923 15,93742 167584 2030372 25 0212 3325290 13.05 20.0 10.09 14.0% 25.0 12.05 18.53117 2138428 2452271 27.97490 3177240 35.94973 1054070 45.5017 5215005 57.27500 98.34706 1644942 19.56143 22.71319 26.21164 3009092 34.40536 39.18995 4450084 50.39594 5690949 6020203 11441331 199.02080 2065456 24,13313 28.02911 1219260 37.27971 2.75328 48362 55.74971 21.31432 25.65010 29.0470 3488271 40.41700 46,67173 51.73906 61.72514 70.7441 8094583 27.27075 3200GS 3758107 4314241 50.000 50.11750 639607 7896923 9100490 18137003 156.7890 2434526 2100167 34 35152 0500 4258041 5571747 65.67509 759636 8821980 90244358 212.79003 16515 32.15042 SOS 2.960 59.19992 72.07511 14213 105.93054 12811567 15474000 185.58800 TE0100 118188157 2.58603 5620766 579050 147 109 60684 110155 17269568 2040 5576 304470 105479118 3222102 7205244 13337387 241.33268 292.19922 3.0 3.0 1. 7.09 Present Vake of Annalty of 1 Pride 1 699010 1.97040 3 2.94099 4 390197 5 6 5.79548 7 6.72819 7.65168 9 3 56602 10 9.47130 Present Value of Annuity of $1 Perlada 098039 194156 2.58333 330773 471346 5.60143 6.47199 7.32568 8.16224 3.925 07087 191347 22861 3.71710 57071 5.41719 62020 7.01569 7.78611 0.9636 199287 2703 1651 4632 5.28507 6.05790 0.96154 ASSOS 277509 1629 445192 5.2014 600205 0.95923 13793 275190 160051 442073 519974 594699 656378 7.35135 301009 095733 2541 2.72325 350595 41200 5.07565 5.78637 6.46321 7.10782 7.72173 090340 103339 267301 3.45511 42126 491732 5.58238 6.20979 6.30469 7.36000 0.91454 1.80002 2.62437 3721 410020 4.76654 5.38923 5.97130 6.51523 702256 753077 821279 11090 2.0% 25 SON 7.05 76048 938507 9:38565 1056312 TL11899 925252 9.95400 10,63496 11.29607 1193794 12.56110 13.16612 12.75251 14.12380 1487747 17.41315 19.6004 3.755 7910 552269 10.14236 10.73962 11.31530 1187017 1240498 12.52045 13.41731 1319620 16.04320 17.82925 364354 9.25039 913251 10.39090 10.92652 11.44031 11.93315 12.40590 128533 13.29437 15.21734 1877902 10641 8.86125 9.39357 9.29864 10.37966 10.32777 11.27407 7.49867 7.94269 8.35765 8.74547 210791 9.44665 9.76322 10.05905 1033560 10.59401 1165358 1240004 838384 885260 9.29090 9.71225 10.10590 10.47726 10.32760 11.15812 11.46992 12.78336 13.75433 12.16567 12.0852 1246221 1359033 17.29200 1537245 11 10.36763 8.78685 12 11.25500 10.57534 13 12.13374 11.34837 13.00370 12.10625 15 13.86505 12.84926 16 14.71787 13.57771 12 15.56225 129187 18 16.39827 14.99203 19 17.22601 15.67846 20 18.04555 16.3514 25 22.02316 19.52345 30 25.80771 22.9646 Present Value of Annuity of 51 Periods 1.0% 9.0 1 0.92593 0.9170 2 1.78326 175911 257710 2.53129 4 231213 3.23972 5 3.99271 3.81965 6 462288 448592 7 5.20637 503265 8 574654 553482 9 6.24689 5.99525 10 631008 6.41766 100% 11.05 13.05 15.05 20.0% 0.90909 11.05 09236 1.49005 240189 300735 3.60478 2.48685 216987 279079 435526 486842 533490 5.75902 6.14457 0.00000 171252 2407 3.10045 3.69530 423054 471220 510512 5.53705 5.80923 0.88095 10 2,35115 29741 351723 399755 42251 47907 5.3166 14.0 0.87719 154566 2.32163 2.91371 3.00008 388867 4.29830 0.86957 162521 228323 2500 3.35216 278448 416042 440732 477158 501877 0.83333 1.52778 2.10640 256873 290061 332551 3.60459 3.83710 403097 4.19247 25.05 0.80000 1.44000 195200 236160 2.68928 2.95142 116114 232891 3.46313 3.57050 456376 496764 5.1225 505022 4.54637 S21612 Present Value of Annuity of 51 Periods 8.09 ON 13.0 15.0% 14.0 10.0 6.49506 11 12 13 620652 6.49236 591765 7.10336 14 12.05 533770 6.1967 6.0355 652017 68100 697399 7.119 7.24967 713096 7.53600 7.90378 3.24424 355968 8.85137 9.12164 9.37189 9.60360 3.81815 1067678 1125770 15 6.30519 7.15073 7.40690 7.73615 8.06069 8.31256 8.54363 8.75563 895011 9.12855 9.82258 10.27365 7,50500 7.82371 802155 8.2014 7.19087 7.37916 7.54179 7.70162 5.45273 566029 5.54236 6.00207 6.14217 6.26506 637285 6.46742 6.554 6.62313 6.87293 7.00266 6.50963 6.72909 5.23071 5.42062 558315 5.72448 5.84737 5.95423 6.04716 5.12797 619623 625933 6.45415 6.56598 25.09 365640 3.72512 3.78010 3.82408 3.85920 388741 3.90993 3.92794 194235 3.55388 3.93489 3.99505 20.0 4.32706 4.43922 453260 4.61052 4.67547 4.72956 4.77463 4.81219 4.94350 486958 494759 497894 17 18 19 20 25 30 8.51956 907704 942691 7.96333 30174 7.54314 8.05518 702475 7.32990 743565