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Required information The following information applies to the questions displayed below.) Coney Island Entertainment issues $1,000,000 of 7% bonds, due in 15 years, with interest

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Required information The following information applies to the questions displayed below.) Coney Island Entertainment issues $1,000,000 of 7% 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 8% and the bonds issue at a discount. (FV of $1. PV of $1. EVA of S1, 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.) Issue price Date Cash Pald Interest Expense Change in Carrying Value Carrying Value 1/1/2021 6/30/2021 12/31/2021 5 35,000 35,000

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