TB Problem Qu. 10-130 (Algo) Grand Company Issued... Grand Company issued $165,000 of 5-year bonds on January 1, 2022, with a coupon interest rate of 14%, payable annually ench December 31. On January 1, 2022, the market interest rate was 12%. Assure effective interest amortization. (The present value factor for $1 at 6% for 10 periods is 0.55839, for $1 at 7% for 10 periods is 0.50835, for $1 at 14% for 5 periods 0.51937, and for $1 at 12% for 5 periods is 0.56743. The present value of an annuity of $1 for 10 periods at 6% is 7.36009, for 10 penods at 7% is 7.02358, for 5 periods at 6% is 4.21236, for 5 periods at 7% is 410020, and for 5 periods at 12% is 3.60478) Required: A. Calculate the issue price (total amount received) at January 1, 2022 B. What would be the amount of premium amortization for December 31, 2022? No adjusting journal entries have been made during the year C. What would be the amount of the interest payment on December 31, 2022 D. What is the book value of the bonds at December 31, 2022? Note: For all requirements, round your final answers to the nearest next whole dollar amount. A. Issue price B. Amount of premium amortization C. Amount of the interest payment D. Book value of the bonds 13