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Coney Island Entertainment issues $$1,300,000$ of $7\%$ bonds, due in $15$ years, with interest payable semiannualiy on June $30$ and December $31$ each year.

Calculate the issue price of a bond and complete the first three rows of an amortization schedule when:

$2.$ The market interest rate is $8\%$ and the bonds issue at a discount. $($FV of $$1,$ PV of $$1,$ FVA of $$1,$ and PVA of $$1)($Use appropriate factor$($s$)$ from the tables provided. Do not round interest rate factors. Round your answers to nearest whole dollar.$)$

Answer is complete but not entirely correct.

Issue price $ $1,427,403x$

Answer is complete but not entirely correct.

$\backslash$table$[[$Date$,$Cash Paid,$\backslash$table$[[$Interest$],[$Expense$]],\backslash$table$[[$Change in$],[$Carrying$],[$Value$]],$Carrying Value$],[1/1/2021,,,,1,427,403$