Sunland Inc. has issued three types of debt on January 1, 2020, the start of the companys fiscal year.

(a)		$10 million, 12-year, 14% unsecured bonds, interest payable quarterly. Bonds were priced to yield 10%.
(b)		$29 million par of 12-year, zero-coupon bonds at a price to yield 10% per year.
(c)		$15 million, 12-year, 8% mortgage bonds, interest payable annually to yield 10%.

Prepare a schedule that identifies the following items for each bond: (1) maturity value, (2) number of interest periods over life of bond, (3) stated rate per each interest period, (4) effective-interest rate per each interest period, (5) payment amount per period, and (6) present value of bonds at date of issue.

Unsecured Bonds Zero-Coupon Bonds Mortgage Bonds (1) Maturity value 10,000,000 ,000 $ 29,000,000 15,000,000 Number of interest periods - 48 (3) Stated rate per period 35 00 2.5 10 10 (4) Effective rate per period Payment amount per period 350,000 " $ 000 1,200,000 (6) Present value $ 3,056,712 3,056,712 $ 11180755 11180755 $ 4779462 4779462