The notes to the Helping Ltd.financial statements reported the following data on December 31, Year 1 (end of the fiscal year EB (Click the lcon to vilew the financial statement data.) Helping amorizes bond discounts using the effective-interest method and pays all interest amounts at December 31 Read the tecuirements Requirement 1. Assume the market interest rate is 6% on January 1 of year 1, te dae te bonds are issued. Round your answers to the nearest atole dolar.) a. Using the PV function in Excel, what is the issue prioe of the bonds? The issue price of the bonds is Data Table Note 6. Indebtedness Bonds payable, 3% due on December 31, Year 8 . . . . . Less: Discount Notes payatle.0%, payable in S40.000 "nual s 7,000,000 installments staring in Year 240.000