Waterway Inc. has issued three types of debt on January 1, 2020, the start of the company's fiscal year. (a) $10 million, 12-year, 15% unsecured bonds, interest payable quarterly. Bonds were priced to yield 11%. (b) $25 million par of 12-year, zero-coupon bonds at a price to yield 11% per year. (c) $16 million, 12-year, 10% mortgage bonds, interest payable annually to yield 11%. Prepare a schedule that identifies the following items for each bond: (1) maturity value, (2) number of interest periods over life of bond, (3) stated rate per each interest period, (4) effective interest rate per each interest period, (5) payment amount per period, and (6) present value of bonds at date of issue. (Round stated and effective rate per period to 2 decimal places, e.g. 10.25%. Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to decimal places e.g. 58,971.) Unsecured Bonds Zero-Coupon Bonds Mortgage Bonds (1) Maturity value 10000000 $ 25000000 $ 16000000 (2) 2) Number of interest periods 48 12 12 (3) Stated rate per period 3.75 % 0 % 10 % (4) Effective rate per period 2.75 % 11 % 11 % (5) Payment amount per period $ 375000 $ 04 0 $ 2000000 (6) Present value $ 11,733,639 $ $ $ Current Attempt in Progress On January 1, 2015, Coronado Corporation issued $4,600,000 of 10% bonds at 102 due December 31, 2024. Legal and other costs of $79,000 were incurred in connection with the issue. Interest on the bonds is payable annually each December 31. The $79,000 issue costs are being deferred and amortized on a straight-line basis over the 10-year term of the bonds. The premium on the bonds is also being amortized on a straight-line basis over the 10 years. (Straight-line is not materially different in effect from the preferable "interest method") The bonds are callable at 104 (i.e., at 104% of face amount), and on January 2, 2020, Coronado called one-half of the bonds and retired them. Ignoring income taxes, compute the amount of loss, if any, to be recognized by Coronado as a result of retiring the $2,300,000 of bonds in 2020. Loss on redemption $ Prepare the journal entry to record the retirement. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit January 2, 2020 Bonds Payable Loss on Redemption of Bonds Unamortized Bond Issue Costs Discount on Bonds Payable Cash