Question: b. Complete the Worksheet below (14 points). On January 1, 2019, Lowre Communications issued $100,000 of a 5%, 20-year bond. Interest is payable semiannually on

b. Complete the Worksheet below (14 points). On January 1, 2019, Lowre Communications issued $100,000 of a 5%, 20-year bond. Interest is payable semiannually on June 30th and December 31st A. Assume the Bond was sold at Face Value when the FMV was 5%. B. Assume the Bond was sold for $113,678 when the FMV was 4%. a. Face Value b. Premuim Total Interest Expense Interest Expense Year 1 Year 2 Total Cash Inflows Total Cash Outflows Cash Outflows Year 1 Cash Outflows Year 2

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