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You have been working as the controller of 1l.-'-Zoom Corporation for the past six years. Last week you had appointed a bright young student, Daye

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You have been working as the controller of 1l.-'-Zoom Corporation for the past six years. Last week you had appointed a bright young student, Daye Bitt, from Konkord University as a work study intern for one year. Early this morning, the 'azzled looking intern approaches you with a great bit of reluctance and apprehension. From the looks on his face, you can determine fear, both for his current placement and for his future career. He informs you that, in his haste to complete an assigned task, he just shredded the active folder instead of the archived one. Next he shows you a very damaged piece of paper which Daye Bitt had rescued at a great risk to his hand and ngers. The document, in its original state, represented a bond amortization table, but now was totally shredded except for a few following lines of information: Date Coupon Interest Balance Amount Expense Owed June 30, 2020 $623,793 Doc. 31, 2020 $24,952 $615,145 June 30, 2021 $33,600 Dec. 31, 2021 June 30, 2022 He sounded pretty desperate as he pleaded his hope that \"... if! on: unable to reproduce this table, I hope you are not going to can me tonight\". He did not know the maturity value, stating \"I urn pretty young and will be culled mature after a long time\". About the coupon and market rates, he responded, \"I reaiip do not clip any coupons; my wife does. And since she does ail the shopping, I have no idea about at! the morketprices\". You were told that the total cash interest over the life of the bonds would amount to $340,000. Further, thirteen interest instalments were recorded upto and including the one on December 31, 2020 and that twelve additional interest instalments were due aer December 31, 2020. Interest payments were scheduled every June 30 and December 31. And so you sit down and show him how to reconstruct the table. In doing so, you need to answer the questions listed below

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