I asked this question already but How do you obtain 0.41552???

Analyzing and Reporting Financial Statement Effects of Bond Transactions On January 1, 2017, Banek Inc. issued $350,000 of 8%, 9-year bonds for $309,086, which implies a market (yield) rate of 10%. Semiannual interest is payable on June 30 and December 31 of each year. a. Show computations to confirm the bond issue price. b. Indicate the financial statement effects using the template for (1) bond issuance, (2) semiannual interest payment and discount amortization on June 30, 2017, and (3) semiannual interest payment and discount amortization on December 31, 2017. (a) Computation to confirm the bond issue price Cash iinterest at 8% of $350,000 for 6 months =$14,000. Analyzing and Reporting Financial Statement Effects of Bond Transactions On January 1, 2017, Banek Inc. issued $350,000 of 8%, 9-year bonds for $309,086, which implies a market (yield) rate of 10%. Semiannual interest is payable on June 30 and December 31 of each year. a. Show computations to confirm the bond issue price. b. Indicate the financial statement effects using the template for (1) bond issuance, (2) semiannual interest payment and discount amortization on June 30, 2017, and (3) semiannual interest payment and discount amortization on December 31, 2017. (a) Computation to confirm the bond issue price Cash iinterest at 8% of $350,000 for 6 months =$14,000