Required Information The following information applies to the questions displayed below) Temptation Vacations issues $48 million in bonds on January 1, 2021, that pay Interest semiannually on June 30 and December 31. Portions of the bond amortization schedule appear below. (2) Cash Paid For Interest (8) Interest Expense (4) Decrease in Carrying IMAX Date 1/1/2021 6/20/2021 1272/2021 (5) Carrying Value $53,125 212 S3,064,6 53.001,861 $1,920,000 1,920,000 $1,859,383 1,857, 261 550.612 62,239 Required: 1. Were the bonds issued at face amount, a discount, or a premium? Muriple Choice Discount Premium Required Information The following information applies to the questions displayed below] Temptation Vacations issues $48 million in bonds on January 1, 2021, that pay interest semiannually on June 30 and December 31. Portions of the bond amortization schedule appear below: (2) (2) Cash Paid for Interest ) Interest Expense (4) Decrease in Carrying Value Date 1/1/2021 6/30/2021 12/31/2021 ($) Carrying Valur $53,125,21% 53.064.600 53.ee1,861 $1,920, ene 1,920,000 $1,859,383 1,857,261 $ 60,617 62,739 2. What is the original Issue price of the bonds? (Enter your answer in dollers, not millions. (l.e., 55.5 million should be entered as 5,500,000) price Required Information The following information applies to the questions displayed below.) Temptation Vacations issues $48 million in bonds on January 1, 2021, that pay interest semiannually on June 30 and December 31. Portions of the bond amortization schedule appear below (2) Cash Paid for Interest (3) Interest Expense Decrease in Carrying Value Date 1/1/2021 6/30/2021 12/31/2021 (5) Carrying Value $53,125,217 53,864,60 $3,001,861 $1,928,888 1,92e, Bee $1,859,383 1,857,261 $68,617 62,739 3. What is the face amount of the bonds? (Enter your answer in dollars, not millions. (l.e., $5.5 million should be entered as 5,500,000) Face amount Required Information The following information applies to the questions displayed below) Temptation Vacations issues $48 million in bonds on January 1, 2021, that pay interest semiannually on June 30 and December 31. Portions of the bond amortization schedule appear below: (2) cash paid for Interest (a) Interest Expense (a) Decrease in Carrying Value Date 1/1/2021 6/30/2021 32731/2021 (5) carrying Value $53,125,217 53,661,600 53,001,861 $1,920,000 1,920,000 51,859,383 1,857,261 $68,617 62,739 4. What is the stated annual Interest rate? Sated annual interest rate Required Information The following Information applies to the questions displayed below] Temptation Vacations issues $48 million in bonds on January 1, 2021, that pay Interest semiannually on June 30 and December 31. Portions of the bond amortization schedule appear below: es (2) Cash Paid for Interest (3) Interest Expense (4) Decrease in Carrying Malum Date KS) Carrying Value 553,125,217 53,064,600 $3,101,861 1/1/2021 6/30/2021 12/31/2021 51,920,000 1,920,eee 31,859,383 1,857,261 $62,617 62,739 5. What is the market annual Interest rate? (Round your answer to the nearest whole percent.) Maste Required information [The following information applies to the questions displayed below) Temptation Vacations issues $48 million in bonds on January 1, 2021, that pay interest semiannually on June 30 and December 31. Portions of the bond amortization schedule appear below: Cash Paid for Interest (3) Interest Expense Decrease in Carrying Value Dat 1/1/2021 0/30/2021 1272/2021 (5) Careyang Value $53) 125,217 53,14,600 53,001,861 $1,920,000 1,020,000 $1,859, 1,257,261 360.617 62.739 6. What is the total cash paid for interest assuming the bonds mature in 20 years? (Enter your answer in dollars, not millions. (l.e.. 55.5 million should be entered as 5,500,000)) Tahineres