Required information The following information applies to the questions displayed below. On January 1, 2024. White Water issues $430,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. The market interest rate on the issue date is 7% and the bonds issued at $469,543 1. Using an amortization schedule, show that the bonds have a carrying value of $464,525 on December 31,2026 . (Round your final Required: answers to the nearest whole dollar.) Required information [The following information applies to the questions displayed below] On January 1, 2024. White Water issues $430,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. The market interest rate on the issue date is 7% and the bonds issued at $469,543. 2. If the market interest rate increases to 9% on December 31,2026 , it will cost $398,835 to retire the bonds. Record the retiremient of the bonds on December 31, 2026. (If no entry is required for a perticular transaction/event, select "No Journal Entry Required" in the first account field. Round your final answers to the nearest whole dollar.) Journal entry worksheet On June 1, 2024, Lone Pine leased a bulding The lease agreement calls for Lone Pine to make lease payments of $3,651,48 each month for the next two years, with the first lease payment beginning June 30 . The company's normal borrowing rate is 9% Required: 1. Calculate the present value of the lease payments: (Hint Use a financial calculator or Excel) 2. Record the lease on June 1, 2024. Complete this question by entering your answers in the tabs below. Calculate the present value of the lease payments. (Hint: Use a finandal calculator or Excel.) (Do not round intermediate calculations. Round your answer to the neatest whole dollar amount.) Required information The following information applies to the questions displayed below. On January 1, 2024. White Water issues $430,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. The market interest rate on the issue date is 7% and the bonds issued at $469,543 1. Using an amortization schedule, show that the bonds have a carrying value of $464,525 on December 31,2026 . (Round your final Required: answers to the nearest whole dollar.) Required information [The following information applies to the questions displayed below] On January 1, 2024. White Water issues $430,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. The market interest rate on the issue date is 7% and the bonds issued at $469,543. 2. If the market interest rate increases to 9% on December 31,2026 , it will cost $398,835 to retire the bonds. Record the retiremient of the bonds on December 31, 2026. (If no entry is required for a perticular transaction/event, select "No Journal Entry Required" in the first account field. Round your final answers to the nearest whole dollar.) Journal entry worksheet On June 1, 2024, Lone Pine leased a bulding The lease agreement calls for Lone Pine to make lease payments of $3,651,48 each month for the next two years, with the first lease payment beginning June 30 . The company's normal borrowing rate is 9% Required: 1. Calculate the present value of the lease payments: (Hint Use a financial calculator or Excel) 2. Record the lease on June 1, 2024. Complete this question by entering your answers in the tabs below. Calculate the present value of the lease payments. (Hint: Use a finandal calculator or Excel.) (Do not round intermediate calculations. Round your answer to the neatest whole dollar amount.)
