1) Compute bond proceeds, amortizing premium or discount by interest method, and interest expense I strongly encourage creating a bond Amortization table This will make answering the following questions easier. Ware Co. produces and sells motorcycle parts. On the first day of its fiscal year, Ware issued $22,750,000 of 15-year, 12% bonds at a market (effective) interest rate of 10%, with interest payable semiannually. Compute the following, presenting figures used in your computations: a The amount of cash proceeds from the sale of the bonds. Use the tables of present values in Exhibit 5 and Exhibit 7 or our Excel template. Round to the nearest dollar. b The amount of premium to be amortized for the first semiannual interest payment period, using the interest method. Round to the nearest dollar. c The amount of premium to be amortized for the second semiannual interest payment period, using the interest method. Round to the nearest dollar. d The amount of the bond interest expense for the first year. Round to the nearest dollar.

2) Compute bond proceeds, amortizing premium or discount by interest method, and interest expense I strongly encourage creating a bond Amortization table This will make answering the following questions easier. Ware Co. produces and sells motorcycle parts. On the first day of its fiscal year, Ware issued $22,750,000 of 15-year, 12% bonds at a market (effective) interest rate of 12%, with interest payable semiannually. Compute the following, presenting figures used in your computations: e The amount of cash proceeds from the sale of the bonds. Use the tables of present values in Exhibit 5 and Exhibit 7 or our Excel template. Round to the nearest dollar. f The amount of the bond interest expense for the first year. Round to the nearest dollar.

3) Compute bond proceeds, amortizing premium or discount by interest method, and interest expense I strongly encourage creating a bond Amortization table This will make answering the following questions easier. Ware Co. produces and sells motorcycle parts. On the first day of its fiscal year, Ware issued $22,750,000 of 15-year, 12% bonds at a market (effective) interest rate of 14%, with interest payable semiannually. Compute the following, presenting figures used in your computations: g The amount of cash proceeds from the sale of the bonds. Use the tables of present values in Exhibit 5 and Exhibit 7 or our Excel template. Round to the nearest dollar. h The amount of discount to be amortized for the first semiannual interest payment period, using the interest method. Round to the nearest dollar. i The amount of discount to be amortized for the second semiannual interest payment period, using the interest method. Round to the nearest dollar. j The amount of the bond interest expense for the first year. Round to the nearest dollar