MUST SHOW WORK!

Part III. $(32$ points$).$

On January $1,2024,$ Rahman Co$.$ issued five$-$year bonds with a face value of $$100,000$ and a stated

interest rate of $8\%,$ payable semiannually on June $30$ and December $31.$ Assume that the bonds were sold

to yield $6\%$

Instructions:

Compute the amount of cash Rahman Co$.$ received on $\frac{1}{1}\frac{?}{2024}(6$ points$).$

Prepare an amortization table for $2024$ through $2028$ for the bonds. Assume amortization is

recorded on interest payment dates $(16$ points$).$

Give all journal entries Rahman Co$.$ entered for the year $2024(4$ points$).$

Show how the bonds were shown on the Balance Sheet of Rahman Co$.$ on $12/31/2024.(4$

points$).$

What will be the maturity value of the bonds on $\frac{1}{1}\frac{?}{2029}(2$ points$)?$