Soothing, Inc. is authorized to issue 9%, 10-year bonds payable. On January 1, 2018, when the market interest rate is 16%, the company issues $700,000 of the bonds. The bonds pay interest semiannually. (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Click the icon to view Future Value of $1 table.) (Click the icon to view Future Value of Ordinary Annuity of $1 table.) Read the requirements. Requirement 1. How much cash did the company receive upon issuance of the bonds payable? (Round to the nearest dollar.) Upon issuance of the bonds payable, the company received Requirements 1. 2. How much cash did the company receive upon issuance of the bonds payable? (Round to the nearest dollar.) Prepare an amortization table for the bond using the effective-interest method, through the first two interest payments. (Round to the nearest dollar.) Journalize the issuance of the bonds on January 1, 2018, and the first and second payments of the semiannual interest amount and amortization of the bonds on June 30, 2018 and December 31, 2018. Explanations are not required. 3. Print Done Present Value of $1 4% Periods Period 1 Period 2 Period 3 Period 4 Period 5 1% 2% 0.990 0.980 0.980 0.961 0.971 0.942 0.961 0.924 0.951 0.906 3% 5% 0.971 0.962 0.952 0.943 0.925 0.907 0.915 0.889 0.864 0.888 0.855 0.823 0.863 0.822 0.784 6% 0.943 0.890 0.840 0.792 0.747 7% 0.935 0.873 0.816 0.763 0.713 8% 0.926 0.857 0.794 0.735 0.681 9% 10% 12% 0.917 0.909 0.893 0.8420.826 0.797 0.772 0.751 0.712 0.708 0.683 0.636 0.650 0.621 0.567 14% 15% 0.877 0.870 0.769 0.756 0.675 0.658 0.592 0.572 0.519 0.497 16% 18% 20% 0.862 0.847 0.833 0.743 0.7180.694 0.641 0.609 0.579 0.5520.516 0.482 0.476 0.437 0.402 Period 6 0.942 0.888 0.837 0.790 0.746 0.705 Period 7 0.933 0.871 0.813 0.760 0.711 0.665 Period 8 0.923 0.853 0.789 0.731 0.677 0.627 Period 9 0.914 0.837 0.766 0.703 0.6450.592 Period 10 0.905 0.820 0.744 0.676 0.614 0.558 0.666 0.623 0.582 0.544 0.508 0.630 0.583 0.540 0.500 0.463 0.596 0.564 0.507 0.547 0.513 0.452 0.502 0.467 0.404 0.460 0.424 0.361 0.422 0.386 0.322 0.456 0.432 0.400 0.376 0.351 0.327 0.308 0.284 0.270 0.247 0.410 0.370 0.335 0.354 0.314 0.279 0.305 0.266 0.233 0.263 0.225 0.194 0.227 0.191 0.162 Period 11 0.896 0.804 0.722 0.650 0.585 Period 12 0.887 0.788 0.701 0.625 0.557 Period 13 10.879 0.773 0.681 | 0.601 | 0.530 0.527 0.497 0.469 0.475 0.444 0.415 0.429 0.397 0.368 0.388 0.350 0.287 0.356 0.319 0.257 0.326 0.290 | 0.229 0.237 0.215 0.208 0.187 0.182 | 0.163 0.195 0.162 0.135 0.168 0.137 0.112 0.145 0.116 0.093 Future Value of $1 Periods Period 1 Period 2 Period 3 Period 4 Period 5 1% 1.010 1.020 1.030 1.041 1.051 2% 1.020 1.040 1.061 1.082 1.104 3% 1.030 1.061 1.093 1.126 1.159 4% 1.040 1.082 1.125 1.170 1.217 5% 6% 7% 1.050 1.060 1.070 1.103 1.1241.145 1.1581.191 1.225 1.216 1.262 1.311 1.276 1.338 1.403 8% 1.080 1.166 1.260 1.360 1.469 9% 10% 1.090 1.100 1.1881.210 1.295 | 1.331 1.412 1.464 1.539 1.611 12% 14% 15% 1.120 1.140 1.150 1.254 1.300 1.323 1.405 1.482 1.521 1.574 1.689 1.749 1.762 1.925 2.011 Period 6 Period 7 Period 8 Period 9 Period 10 1.062 1.072 1.083 1.094 1.105 1.126 1.149 1.172 1.195 1.219 1.194 1.230 1.267 1.305 1.344 1.265 1.316 1.369 1.423 1.480 1.340 1.407 1.477 1.551 1.629 1.419 1.504 1.594 1.689 1.791 1.501 1.606 1.718 1.838 1.967 1.587 1.677 1.772 1.714 1.828 1.949 1.851 1.993 2.144 1.999 2.172 2.358 2.159 2.367 2.594 1.974 2.195 2.313 2.211 2.502 2.660 2.476 2.853 3.059 2.773 3.252 3.518 3.106 3.707 4.046 Period 11 Period 12 Period 13 1.116 1.127 1.138 1.243 1.268 1.294 1.384 1.426 1.469 1.539 1.710 1.898 2.105 2.332 2.580 2.853 3.479 4.226 4.652 1.601 1.796 2.012 2.252 2.518 2.813 3.138 3.896 4.818 5.350 1.665 | 1.886 2.133 | 2.410 | 2.720 | 3.066 3.452 | 4.363 5.492 | 6.153 Present Value of Ordinary Annuity of $1 Periods Period 1 Period 2 Period 3 Period 4 Period 5 1% 2% 0.990 0.980 1.970 1.942 2.941 2.884 3.902 3.808 4.853 4.713 3% 0.971 1.913 2.829 3.717 4.580 4% 5% 6% 7% 0.962 0.952 0.943 0.935 1.886 1.859 1.833 1.808 2.775 2.723 2.673 2.624 3.630 3.546 3.465 3.387 4.452 4.329 4.212 4.100 8% 9% 10% 0.926 0.917 0.909 1.783 1.759 1.736 2.577 2.531 | 2.487 3.312 3.240 3.170 3.993 3.890 3.791 12% 14% 0.893 0.877 1.690 1.647 2.402 2.322 3.037 2.914 3.605 3.433 15% 0.870 1.626 2.283 2.855 3.352 16% 0.862 1.605 2.246 2.798 3.274 18% 20% 0.847 0.833 1.566 1.528 2.174 2.106 2.690 2.589 3.127 2.991 Period 6 Period 7 Period 8 Period 9 Period 10 5.795 6.728 7.652 8.566 9.471 5.601 6.472 7.325 8.162 8.983 5.417 6.230 7.020 7.786 8.530 5.242 5.076 4.917 4.767 6.002 5.786 5.582 5.389 6.733 6.463 6.210 5.971 7.435 | 7.108 6.802 6.515 8.111 7.722 7.360 7.024 4.623 4.486 4.355 5.206 5.033 4.868 5.747 5.535 5.335 6.247 5.995 5.759 6.710 6.418 6.145 4.111 3.889 4.564 4.288 4.968 4.639 5.328 4.946 5.650 5.216 3.784 4.160 4.487 4.772 5.019 3.685 4.039 4.344 4.607 4.833 3.498 3.326 3.812 3.605 4.078 3.837 4.303 4.031 4.494 4.192 Period 11 Period 12 Period 13 10.368 9.787 9.253 8.760 11.255 10.575 | 9.954 9.385 12.134 | 11.348 10.635 | 9.986 8.306 7.887 7.499 8.863 8.384 7.943 9.394 | 8.853 8.358 7.139 6.805 6.495 5.938 7.536 7.1616.814 6.194 7.904 | 7.487 | 7.103 6.424 5.453 5.234 5.660 5.421 5.842 / 5.583 5.029 5.197 5.342 4.656 4.327 4.793 4.439 4.910 4.533 Future Value of Ordinary Annuity of $1 Periods Period 1 Period 2 Period 3 Period 4 Period 5 1% 2% 3% 4% 5% 1.000 1.000 1.000 1.000 1.000 2.010 2.0202.030 2.040 2.050 3.0303.060 3.091 3.122 3.153 4.060 4.122 4.184 4.246 4.310 5.101 5.204 5.309 5.416 5.526 6% 1.000 2.060 3.184 4.375 5.637 7% 8% 9% 10% 1.000 1.000 1.000 1.000 2.070 2.080 2.090 2.100 3.215 3.246 3.278 3.310 4.440 4.506 4.573 4.641 5.751 5.867 5.9856.105 12% 1.000 2.120 3.374 4.779 6.353 14% 15% 1.000 1.000 2.140 2.150 3.440 3.473 4.921 4.993 6.610 6.742 Period 6 Period 7 Period 8 Period 9 Period 10 6.152 6.308 6.468 6.633 6.802 7.214 7.434 7.662 7.898 8.142 8.286 8.583 8.892 9.214 9.549 9.369 9.755 10.16 10.58 11.03 10.46 10.95 11.46 12.01 12.58 6.975 7.153 7.336 | 7.523 7.716 8.394 8.654 8.9239.200 9.487 9.897 10.260 10.64 11.03 11.44 11.49 11.98 12.49 | 13.02 13.58 13.18 13.82 14.49 15.1915.94 8.115 10.09 12.30 14.78 17.55 8.536 10.73 13.23 16.09 19.34 8.754 11.07 13.73 16.79 20.30 Period 11 Period 12 Period 13 11.57 12.17 | 12.8113.49 14.21 14.97 12.68 13.41 14.19 15.03 15.9216.87 13.81 | 14.68 | 15.62 | 16.63 | 17.71 18.88 15.78 16.65 | 17.56 18.53 20.65 | 23.04 24.35 17.89 18.98 20.14 21.38 24.13 27.27 29.00 20.14 | 21.50 22.95 | 24.52 | 28.03 | 32.09 34.35