Seaview Magazine issued $300,000 of 15-year, 6% callable bonds payable on July 31, 2024, at 97. On July 31, 2027, Seaview called the bonds at 102. Assume annual interest

Seaview Magazine issued $300,600 of 15 -year, 6% callable bonds payable on July 31,2024 , at 97 . On July 31,2027, Seaview caled the bonds at 102 . Assume annual intere oayments. Requirements 1. Without making joumal entries, compute the carrying amount of the bonds payable at July 31,2027. 2. Assume all amortization has been recorded properly, Joumalize the retirement of the bonds on July 31, 2027. No explanation is required. Requirement 1. Without making joumal entries, compute the carying amount of the bonds payable at July 31, 2027. (Assume bends payable are amorized using the straight-line amortization method,) First, complete the sentence below. The carrying amount of the bonds payoble at issuance (July 31, 2024) is The on the bonds at issuance anounts to The carrying amount of the bonds payable at july 31,2027 is Requirement 2. Assume all amorization has been recoeded properly. Joumalize the retrement of the bonds on July 31, 2027. No explanation is required. (Record dobits frst, then credits. Exclude explanalions from any joumal entrios.)