The notes to the Neighborhood Ltd. financial statements reported the following data on December 31 , Year 1 (end of the fiscal year): (Click the icon to view the financial statement data.) Neighborhood amortizes bond discounts using the effective-interest method and pays all interest amounts at December 31 . Read the requirements. Requirements 1. Assume the market interest rate is 6% on January 1 of year 1 , the date the bonds are issued. Requirement 1. Assume the market interest rate is 6% on January 1 of year 1 , the date the bonds are issued. (Round your answers to the nearest whole dollar.) a. Using the PV function in Excel, what is the issue price of the bonds? a. Using the PV function in Excel, what is the issue price of the bonds? b. What is the maturity value of the bonds? c. What is Neighborhood's annual cash interest payment on the bonds? The issue price of the bonds is d. What is the carrying amount of the bonds at December 31 , year 1 ? b. What is the maturity value of the bonds? 2. Prepare an amortization table through December 31, Year 4 for the bonds. (Round all amounts to the nearest dollar.) How much is Neighborhood's interest expense on the bonds for the year ended December 31, Year 4 ? The maturity value of the bonds is 3. Show how Neighborhood would report these bonds and notes at December 31, Year 4. c. What is Neighborhood's annual cash interest payment on the bonds? The annual cash interest payment is d. What is the carrying amount of the bonds at December 31 , year 1 ? The carrying amount of the bonds at December 31 , Year 1 is Begin by preparing the amortization table through December 31 , Year 4 for the bonds. (Round your answer to the nearest whole dollar.) How much is Neighborhood's interest expense on the bonds for the year ended December 31, Year 4 ? Requirement 3. Show how Neighborhood would report these bonds and notes at December 31, Year 4 . Data table