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The following information applies to the questions displayed below.) Christmas Anytime issues $850,000 of 6% bonds, due in 10 years, with interest payable semiannually on

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The following information applies to the questions displayed below.) Christmas Anytime issues $850,000 of 6% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Calculate the issue price of a bond and complete the first three rows of an amortization schedule when: Required: 1. The market interest rate is 6% and the bonds issue at face amount. (EV of $1. PV of $1. EVA of S1, and PVA of $1 (Use appropriate factor(s) from the tables provided. Do not round interest rate factors. Round your answers to nearest whole dollar.) Answer is complete but not entirely correct. Issue price $ 85,000,000 Answer is complete but not entirely correct. Interest Date Cash Paid Change in Carrying Value Expense Carrying Value 85,000,000 Required: 1. The market interest rate is 6% and the bonds issue at face amount. (FV of $1. PV of $1. FVA of $1, and PVA of 3.1 (Use appropriate factor(s) from the tables provided. Do not round interest rate factors. Round your answers to nearest whole dollar) Answer is complete but not entirely correct. Issue price $ 85,000,000 Answer is complete but not entirely correct. Date Cash Paid Interest Expense Change in Carrying Value Carrying Value 01/01/2021 $ $ 25,500 06/30/2021 12/31/2021 2,550,000 2,550,000 85,000,000 85,000.000 85,000,000 25.500

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