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Required information (The following information applies to the questions displayed below.) Christmas Anytime issues $740,000 of 6% bonds, due in 15 years, with interest payable

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Required information (The following information applies to the questions displayed below.) Christmas Anytime issues $740,000 of 6% bonds, due in 15 years, with interest payable semiannually 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 7% 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 $ 671.742 % Answer is complete but not entirely correct. Date Cash Paid Interest Expense Change in Carrying Value Carrying Value 01/01/2021 $ 06/30/2021 $ 22,200 22,200 1,311 > 671.742 X 673,053 X 674,410 X 23,511 X $ 23,557 X 12/31/2021 1,357 Required information [The following information applies to the questions displayed below.) Christmas Anytime issues $740,000 of 6% bonds, due in 15 years, with interest payable semiannually 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: 3. The market interest rate is 5% and the bonds issue at a premium. (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 $ 817,626 Date Answer is complete but not entirely correct. Cash Interest Change in Carrying Carrying Paid Expense Value Value $ 817,626 X $ 22,200 $ 20,441 1,759 X 815,867 % 22,200 20,397 X 1,759 814.063 01/01/2021 06/30/2021 12/31/2021

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