Question: Help me with this question Required information Problem 9-7B Calculate the issue price of a bond and prepare amortization schedules (L09-5, 9-7) (The following information
Required information Problem 9-7B Calculate the issue price of a bond and prepare amortization schedules (L09-5, 9-7) (The following information applies to the questions displayed below.) Christmas Anytime issues $800,000 of 7% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Calculate the issue price of a bond and complete the first three rows of an amortization schedule when: Problem 9-7B Pert 3 3. The market interest rate is 6% and the bonds issue at a premium. PV of FVA of SI and PVA of SJ (Use appropriate factor(s) from the tables provided. Do not round interest rete factors. Round your answers to nearest whole dollar.) Answer is complete but not entirely correct. s 730,832 Answer is complete but not entirely correct. Date 01/01/2021 06/30/2021 12/31/2021 Cash Paid 28,000 e Interest Expense 32,551 s 32,369 hange Carrying Value 4,551 4,369 s Carrying Value 813,768 e 809,217 804,849
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