Wildhorse Company issued $752,000 of 7%, 7-year bonds on January 1, 2021. The bonds pay interest annually, Click here to view the factor table Present Value of 1 Click here to view the factor table. Present Value of an Annuity of 1 (a) Your answer is correct. Assuming the market interest rate on January 1, 2021, was 8%, calculate the bond's issue price. (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to decimal places, es 1,575) Bond issue price S 7128.48 (b) Prepare an effective interest amortization table for this bond (Round answers to decimal places, eg. 5,275.) WILDHORSE COMPANY Bond Discount Amortization Table Effective-Interest Method-Annual Interest Payments 7% Bonds Issued at market rate of 8% Interest Expense Discount Amortization Date Interest Payment Bond Amortized Jan 1, 2021 $ $ $ $ Jan 1. 2022 Jan 1. 2023 LA