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The notes to the Thankful Ltd. financial statements reported the following data on December 31, Year 1 (end of the fscal year) (Click the icon

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The notes to the Thankful Ltd. financial statements reported the following data on December 31, Year 1 (end of the fscal year) (Click the icon to view the financial statement data.) Thankful Ltd. amortizes bond discount by the effective-interest method and pays all interest amounts at December 31. Read the requirements Requirement 1, Assume the market interest rate on January 1 of year 1, the date of issuance of the bonds, is 5% Answer the following questions about Thankful Ltd's longterm liabilities: (Round your answers to the nearest whole dollar) a. Using the PV function in Excel what is the issue price of the bonds? The issue price of the bonds is b. What is the maturity value of the 2% bonds? The maturity value of the 2% bonds is c. What is Thankful Ltd's annual cash interest payment on the 2% bonds? , The annual cash interest payment is d. What is the carrying amount of the 2% bonds at December 31, year 1? The carrying amount of the 2% bonds at December 31, Year I is Choose from any list or enter any number in the input fields, then continue to the next

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