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Requitement Determine the bond issue proceeds for each of the following bonds payablo All bonds are issued on January 1,2023 (Click the icon to view
Requitement Determine the bond issue proceeds for each of the following bonds payablo All bonds are issued on January 1,2023 (Click the icon to view the bonds payable) (Click the icon to viow the Futuro Valie of $1 table.) (Click the icon to view the Future Valie of an Ordinary Annuity table) (Click the icon to view the Future Vakie of an Annuity Due table) (Click the icon to viow the Present Value of $1 table) (Click the icon to view the Presemt Value of an Ordinary Arnuity table ) (Click the icon to vlew the Present Value of an Annuify Due table) a. Suppa Corporation issued bonds in the amount of $110,000 that will be paid in nine years. Interest of $12,100 is payable annually each December 31 with the first interest payment at the end of the year on December 31,2023 . If the market rate of interest is 7%, what is the amount of the bond issue proceeds? b. Melborne Corporation issued bonds in the amount of $900,000 that will be paid in 10 years. Interest of $9,000 is payable semiannually each June 30 and December 31 with the first interest payment at the end of the period on June 30,2023 . If the market rate of interest is 4%, what is the amount of the bond issue proceeds
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