Search here. Search View Assessment Content X PROBLEM T On 1/1/18 A ulatu / Degree/TX Tool Help Mode - Delay - Assignment Content Question 1 10 Points PROBLEM 1 On 1/1/18 Apple co issued a $600,000 bond with 4 year term and interest paid semi-annually. The stated rate of interest is 6% and the market rate is 8%. On May 1, 2020 the Company decides to call the bonds for 5590,000. Record the journal entry at extinguishment. (Hint First determine what the discount ar premium is on the books as af May 2020) a. Prepare an amortization schedule for the bond (use excel b. Prepare the appropriate journal entry at extinguishment D MOA a $ & 2 3 4 % 5 6 od a