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On December 31, 2021, Rugaboo Corporation issues 6%,10-year comvertible bonds payable with a face value of 52,000,000. The semiannual interest dates are June 30 and December 31. The market interest rate is 12%. Rugaboo amortizes bond d'scounts using the effective-interest method. Read the regurements. Requirement 1. Use the PV tunction in Excel to calculate the issue price of the bonds. (Round your answer to the noarest whole dolar.) The issue price of the bonds is Requirement 2. Prepare an effective-interest method amortization table for the first four semiannual interest periods. (Round your anawers to the nencest whale dollari) Requirements 1. Use the PV function in Excel to calculate the issue price of the bonds. 2. Prepare an effective-interest method amortization table for the first four semiannual interest periods. 3. Journalize the following transactions: a. Issuance of the bonds on December 31,2021 . Credit Convertible Bonds Payable. b. Payment of interest and amortization of the bond discount on June 30 , 2022. c. Payment of interest and amortization of the bond discount on December 31, 2022. d. Conversion by the bondholders on July 1, 2023, of bonds with a total face value of $800,000 into 40,000 shares of Rugaboo's $1-par common stock. 4. Show how Rugaboo would report the remaining bonds payable on its balance sheet at December 31, 2023. On December 31, 2021, Rugaboo Corporation issues 6%,10-year convertible bonds payable with a face value of $2,000,000. The semiannual interest dates are June and December 31. The market interest rate is 12%. Rugaboo amortizes bond discounts using the effective-interest method. Read the reguirements. Requirement 3. Joumalize the following transactions. (Rocord debits first, then credlis, Exclude axplanations from all joumnl entrien.) a. Record the issuance of the bonds on December 31, 2021. Credt Convertible Bonds Payable. (Round your answers to the nearest whole doilar.) and December 31. The marke00 Corporation issues 6%,10-year convertble bonds payable with a face value of $2,000,000. The somiannual interest dates are June 3 Read the requirements. b. Record the payment of interest and amortzation of the bonds on June 30,2022 . (Round your answers to the nearest whole dollar) c. Record the payment of interest and amortization of the bonds on Decomber 31, 2022. (Round your answers to the neareat whole dollar) and December 31. The market interest rate is 12%. Rugaboo amortionvertible bonds payable with a face value of $2,000,000. The semiannual interest dates are dune 30 Read the reguirements. c. Record the payment of interest and amortization of the bonds on December 31,2022 . (Round your answers to the nearest whole dollar) d. Record the conversion by the bondholders on July 1,2023, of bonds with a total face value of $800,000 inte 40,000 sharos of Rugaboos $1-par common asock: (Round your answers to the nearest whole dollar.) Joumal Entry On December 31, 2021, Rugaboo Corporation issues 6%,10-year convertible bonds payable with a face value of $2,000,000. The semiannual intorest dates are June 30 and December 31 . The market interest rate is 12%. Rugaboo amortizes bond discounts using the effective-interest method. Read the requirements, d. Record the conversion by the bondholders on July 1, 2023, of bonds with a total face value of $800,000 into 40,000 shares of Rugaboo's $1-par dommon stock. (Round your answers to the nearest whole dollar.) Requirement 4, Show how Rugaboo would roport the romaining bonds payable on iss balance sheet at December 31, 2023. (Calculate the discourt by muliglying the discourt caleulated in the orioinal amortization table bv the fraction of bonds remainina. Round vour anwers to the nearest whole dolar,) On December 31,2021 , Rugaboo Corporation issues 6%,10-year corvertible bonds payable with a face value of $2,000,000. The semiannual interest dates are June 30 and December 31 . The market interest rate is 12%. Rugaboo amortizes bond discounts using the effective-interest method. Read the requirements. Requirement 4. Show how Rugaboo would report the remaining bonds payable on its balance sheet at December 31, 2023. (Cnlculate the discopnt by multipling the discount calculated in the original amorization table by the fraction of bonds remaining. Round your answers to the nearest whole dolior)