Requirements 1. 2. 3. Use the PV function in Excel to calculate the issue price of the bonds. Prepare an effective-interest method amortization table for the first four semiannual interest periods. Journalize the following transactions: a. Issuance of the bonds on December 31, 2018. Credit Convertible Bonds Payable. b. Payment of interest and amortization of the bond discount on June 30, 2019. c. Payment of interest and amortization of the bond discount on December 31, 2019. d. Conversion by the bondholders on July 1. 2020, of hands with a total face Print Done a. Issuance of the bonds on December 31, 2018. Credit Convertible Bonds Payable. b. Payment of interest and amortization of the bond discount on June 30, 2019. c. Payment of interest and amortization of the bond discount ch December ch 31, 2019. d. Conversion by the bondholders on July 1, 2020, of bonds with a total face value of $1,000,000 into 90,000 shares of Caraboo's $1-par common stock. Show how Caraboo would report the remaining bonds payable on its balance sheet at December 31, 2020. 4. Print Done On December 31, 2018, Caraboo Corporation issues 8%, 10-year convertible bonds payable with a face value of $2,500,000. The semiannual interest dates are June 30 and December 31 The market interest rate is 12% Caraboo amortizes bond discounts using the effective interest method Read the regurements. Interest Date Payment Interest Expense Amortization Balance Amount 12-31-2018 8-30-2010 12-31 2019 6-30-2020 12-31 2020 Renuirement 3. Joumalize the following transactions Record debits first, then credits Exclude explanations from ouma ties)