Question: Can you help me with this question step by step? On January 1, 2024, Coney Island Entertainment issues $1,100,000 of 6% bonds, due in 20

Can you help me with this question step by step?

On January 1, 2024, Coney Island Entertainment issues $1,100,000 of 6% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year.

Assume that the market interest rate is 6% and the bonds issue at face amount. Required: 1a. Calculate the issue price of a bond. 1b. Complete the first three rows of an amortization schedule. (FV of $1, PV of $1, FVA of $1, and PVA of $1)

1a.) Calculate the issue price of a bond.

1b.) Complete the first three rows of an amortization schedule. (Use appropriate factor(s) from the tables provided. Do not round interest rate factors. Round your answers to nearest whole dollar.)

Date	Cash Paid	Interest Expense	Change in Carrying Value	Carrying Value
1/1/2024
6/30/2024
12/31/2024

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