Hambelton Ltd$.$ Issued $$3,750,000$ of $5\%$ bonds payable on $1$ September $209$ to yleld $4\%.$ Interest on the bonds is pald semi$-$annually

and is payable each $28$ February and $31$ August. The bonds were dated $1$ March $20$x$8,$ and had an original term of five years. The

accounting period ends on $31$ December. The effective$-$Interest method is used. $($PV of $$1,$ PVA of $$1,$ and PVAD of $$1.)($Use

approprlate factor$($s$)$ from the tables provided.$)$

Requlred:

Determine the price at which the bonds were issued. $($Round time value factor to $5$ decimal places. Do not round Intermediate

calculations. Round your final answer to the nearest whole dollar amount.$)$

Price of Bond $$$$3,918,281$

Prepare a bond amortization table for the life of the bond. $($Round time value factor to $5$ decimal places. Do not round

Intermedlate calculations. Round your final answers to the nearest whole dollar amount. Leave no cells blank $-$ be certaln to enter

$"0"$ wherever requlred.$)$