seocnd fill in the blank: discount or premuim
third fill in the blank: decreasing or increasing
fourth fill in the blank: a constant or a decreasing or an increasing
Imported Autoparts inc. issued $170,000 of 3\%, five-year bonds at a peice of 85 on January 31, 20X1 (Note: When the issue price of bands is provided, as in this case, you do not need to calculate it yourself, just use the stated price.). The market interest rate at the date of issuance was 5%, and the standard bonds pay imferest semi-annually. Bead the requirements. Requirement 2. Record importeds issusnce of the bends en Jamuary 31, 20x1, and payment of the fist semi-annual interest amount and amortiration of the bonds on July 31, 200X1 Star by recording the issuance of bonds on January 31, 20x1. (Recoed debits first, then eredits. Exelude explanations from journal entries.) Now, recoed the payment of the first semi-annual interest amount and amonization of the bonds on July 31, 20x1. (Record debits first, then credits. Exclude explanations from joumal ontries:) Requirement 3. How much cash did Imported Autoparts borrow on January 31, 20x17 How much canh will imported Autoparts pay back at maturhy on January 31 , 2065 ? Amount of cash imported Autoparts borrowed on January 31, 20x1: Amount of cash imported Autoparts will pay back on January 31, 20X6: Requirement 4. How much cash interest will imporfed Autoparts pay each six months? Anount of cash interest imported Autoparts will pay each six months Requirement 5. How much inserest expense wil imported Autoparts report on July 31, 20X1, and on January 31, 20x2? Why does the amount of interest expense increase each penod? Explain in delail. In thas step, enter the interest experse amounts imported Auloparts will report on July 31, 20X1, and on January 31, 202. Interest expense imported Autoparts will report en July 31, 20X1: Interest expense imported Autoparts will report on January 31, 20X2: Why does the amount of interest expense increase each period? Requirement 5. How much inferest expe detal. bond carrying amount decreases 1 , and on January 31,2027 Why does the amount of interest expense increase each period? Explain in in this step, enter the interest axpense ar bond carning amount increases 201, and on January 31,202. Inferest expense imperted Autoparts diteount account balance decreases interest expense imperted Auteparts v dacount account baluce incresses Why soes the amoun of interest expens. as the bonds move loward malurlyc and the Tust be amertited over the ife of the bond. The Interest experse increases because the bond carrying amount produces amount of interest eupense each peried