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Required information The following information applies to the questions displayed below! On January 1, 2021 Vacation Destinations issues $24 million of bonds that pay interest

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Required information The following information applies to the questions displayed below! On January 1, 2021 Vacation Destinations issues $24 million of bonds that pay interest semiannually on June 10 and December 31. Portions of the bond amortization schedule appear below. (23) (3 (5) Cash Paid Interest Increi Carrying Carrying Dute for Interest Expense Value Value 1/1/2021 $22, 360, 161 6/30/2021 $540,000 $89,706 554.766 22.423,921 12/31/2021 540,000 396,957 56,957 22.450,84 2. What is the original issue price of the bonds? (Enter your answer in dollars, not millions de $5.5 million should be entered as 5,500,000).) Answer is complete but not entirely correct. se price $ 24.000.000 Required information The following information applies to the questions displayed below) On January 1, 2021. Vacation Destinations issues $24 million of bonds that pay interest semiannually on June 30 and December 31. Portions of the bond amodization schedule appear below: (1) (2) Cash Pal for Interest (3) Interest (4) Increase in Carrying Value Carrying Expense 1/1/2021 6/30/2021 12/31/2023 $4,000 50,000 $894,766 896,957 $54,700 56,957 Vali $22,109,161 22,433,927 22,410,4 3. What is the face amount of the bonds? (Enter your answer in dollars, not millions, flie., 55.5 million should be entered 5,500,000).) FB amount

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