On January $1,2025,$ Cullumber Co$.$ issued ten$-$year bonds with a face value of $$7,000,000$ and a stated interest rate of $10\%,$ payable semiannually on June $30$ and December $31.$ The bonds were sold to yield $12\%.$ Table values are:

$\backslash$table$[[$Present value of $1$ for $10$ periods at $10\%,0\mathrm{.}38554],[$Present value of $1$ for $10$ periods at $12\%,0\mathrm{.}32197],[$Present value of $1$ for $20$ periods at $5\%,0\mathrm{.}37689],[$Present value of $1$ for $20$ periods at $6\%,0\mathrm{.}31180],[$Present value of annuity for $10$ periods at $10\%,6\mathrm{.}14457],[$Present value of annuity for $10$ periods at $12\%,5\mathrm{.}65022],[$Present value of annuity for $20$ periods at $5\%,12\mathrm{.}46221],[$Present value of annuity for $20$ periods at $6\%,11\mathrm{.}46992]]$

$($a$)$

Calculate the issue price of the bonds. $($Round final answer to $0$ decimal places, e$.$g$.25,000.)$

Issue price of bond $ $/$ui$/$v$2/$assessment$-$player$/$index$.$html$?$launchld$=$aac$7$dc$41-7$edc$-4176-$b$2$ec$-2$d$65$efc$0823$f#$/$questi

Question $19$ of $20$

$-1\mathrm{.}5$

$($a$)$

Calculate the issue price of the bonds. $($Round final answer to $0$ decimal places, e$.$g$.25,000.)$

Issue price of bond

$

Attempts: $0$ of $1$ used

$($b$)$

Prepare the amortization table for $2025,$ assuming that amortization is recorded on interest payment dates using the effectiveinterest method. $($Round answers to $0$ decimal places, e$.$g$.25,000.)$

$\backslash$table$[[$ite$,$Cash,Expense,Amortization,Carrying Amo$],[1/25,,,,],[30/25,$$ $,$$ $,$$ $,$$ $$