uog Imo1 uonu AOH Z 3. Prepare to amortize the discount. an amortization table like the one in Exhibit 10.7 for these bonds; use the straight-line method Bringham Company issues bonds with a par value of $800,000 on their stated issue date. The bonds ma- ture in 10 years and pay 6% annual interest in semiannual payments. On the issue date, the annual market rate for the bonds is 8%. 1. What is the amount of cach semiannual interest payment for these bonds? 2. How many semiannual interest payments will be made on these bonds over their life? 3. Use the interest rates given to determine whether the bonds are issued at par, at a discount, or at a premium. 4. Compute the price of the bonds as of their issue date. 5. Prepare the journal entry to record the bonds' issuance. Paulson Company issues 6%, four-year bonds, on December 31, 2017, with a par value of $200,000 and semiannual interest payments. Use the following bond amortization table and prepare journal entries to record (a) the issuance of bonds on December 31, 2017; (b) the first interest payment on June 30, 2018; and (c) the second interest payment on December 31, 2018. Carrying Value pu3-paid enuuejwa $13,466 $186,534 6/30/2018 (t) (2) 12/31/2018 188,218 189,902 860 0 Dobbs Company issues 5 %, two-year bonds, on December 31, 2017, with a par value of $200,000 and semiannual interest payments. Use the following bond amortization table and prepare journal entries to record (a) the issuance of bonds on December 31, 2017; (b) the first through fourth interest payments on each June 30 and December 31; and (c) the maturity of the bonds on December 31, 2019