! Required information P10-2 (Static) Reporting Bonds Issued at Par LO 10-2 [The following information applies to the questions displayed below.) On January 1 of this year, Nowell Company issued bonds with a face value of $100,000 and a coupon rate of 8 percent The bonds mature in five years and pay interest semiannually every June 30 and December 31. When the bonds were sold, the annua market rate of interest was 8 percent. (FV of $1. PV of $1. FVA of $1, and PVA of S1) (Use the appropriate factor(s) from the tables provided.) P10-2 Part 1 Required: 1. What was the issue price on January 1 of this year? (Round your final answers to nearest whole dollar amount.) prion Required information P10-2 (Static) Reporting Bonds Issued at Par LO 10-2 The following information applies to the questions displayed below.) On January 1 of this year, Nowell Company issued bonds with a face value of $100,000 and a coupon rate of 8 percent The bonds mature in five years and pay interest semiannually every June 30 and December 31. When the bonds were sold, the annual market rate of interest was 8 percent. (FV of $1. PV of $1. FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.) P10-2 Part 2 2. What amount of Interest expense should be recorded on June 30 and December 31 of this year? June 30 December 31 Interest expense Required information P10-2 (Static) Reporting Bonds Issued at Par LO 10-2 [The following information applies to the questions displayed below.) On January 1 of this year, Nowell Company issued bonds with a face value of $100,000 and a coupon rate of 8 percent. The bonds mature in five years and pay interest semiannually every June 30 and December 31. When the bonds were sold, the annual market rate of interest was 8 percent. (FV of $1. PV of $1. FVA of $1. and PVA of $1) (Use the appropriate factor(s) from the tables provided.) P10-2 Part 3 3. What amount of cash is owed to investors on June 30 and December 31 of this year? June 30 December 31 Cash owed Required information P10-2 (Static) Reporting Bonds Issued at Par LO 10-2 [The following information applies to the questions displayed below.) On January 1 of this year, Nowell Company issued bonds with a face value of $100,000 and a coupon rate of 8 percent The bonds mature in five years and pay interest semiannually every June 30 and December 31. When the bonds were sold, the annual market rate of interest was 8 percent. (FV of $1. PV of $1. EVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.) P10-2 Part 4 4. What is the book value of the bonds on December 31 of this year? December 31 of next year? This year Next year Bonds payable Future Value of 31 Paris 1.09 20 3. 6.04 4.2% 3.ON 8.0% 7.0% 1 2 3 4 104250 1OSSET 117300 118115 5 6 101000 1.02010 1.03030 1.04060 105101 1.06152 1.07214 108256 1.09369 110052 102000 10000 105121 1.08240 1.10008 1.12616 1.14369 1.17166 1.19509 1.21199 1.03000 1.06090 109273 1.12551 1.15927 1.19405 1.22981 1 26677 1.30477 1.34092 1.00750 107641 111677 1.15865 1.20210 1.24718 1.29395 134247 139281 144504 1.04000 1.08150 112436 116906 121665 126512 131593 136857 147331 143024 105000 110250 1.15763 121551 12728 U6010 1.40710 147740 155133 16289 106000 112360 11910 12620 1.33803 141852 1.50363 1.59385 15894 1.79085 107000 1.14630 122504 1080 1.40255 150073 160578 171819 183846 1.96715 7 12000 3824 139511 1.45440 151621 10 3.75% GON 15 5.0 6.ON 7.04 2.05 1.24131 1.26824 1.29351 1.31948 1.34587 137279 1.40024 1.42625 145681 Future Value of $1 Periods 1.0 11 1.11567 12 1.12683 13 1.13809 14 1.14947 15 1.16097 16 1.17250 17 1.15430 18 1.19615 19 1.20811 20 1.22019 25 1.28243 30 1.34785 153065 154783 71786 173087 1.38423 142576 1.46853 151259 1.55797 1.60471 165285 1.7024 1.75351 1.80611 209378 2.42726 149923 155545 161378 1.67430 73709 1.80223 186981 1.93990 2012 206815 251017 301147 1.51945 1.50100 156507 1.70168 1.80094 187290 1.94790 202582 2.10585 219112 2.66584 194633 2.02905 2.11529 220519 229001 2.83075 171034 179586 1865 197993 2.07893 210001 229202 240662 256 265330 338635 1.89830 201220 2.13293 2.26090 2.09656 2.54035 2.69277 285434 302560 320714 4.29187 5.74949 2.1045 225219 2.40985 2.57953 2.75800 295216 3102 237993 261653 386968 5.42243 7.51225 1 64061 1.81136 Future Value of $1 Periods 8.0% 9.05 10.0% 18. 20.05 25.05 1 2 3 4 1.14000 1290 1.48154 1.08000 1.16640 1.25971 136049 1.46933 158657 1.71302 185093 1.99900 2.15892 5 6 7 8 9 10 1.09000 1.18810 1.29503 141158 153862 167710 1.82804 199256 2.17189 2.36736 192541 11.05 111000 123210 136763 151807 168506 121041 207616 230454 2.55804 2.83942 12.05 1.12000 125440 160493 1.57352 176234 157382 2.21068 247596 2.7770 3.10585 1.10000 1.21000 1.73100 1.45410 1.51051 1.77156 194872 210555 2.35795 2.59374 1.13000 1.27900 149 1.63047 1444 2.08155 235251 2.65844 3.000 1.15000 132250 1530 174901 201136 2.31305 266002 2002 351718 404556 1.20000 144000 1.72800 207360 2.48832 2.asse 258318 4.29982 5.15978 6.19174 125000 156250 1.95313 244141 305176 3.21470 476837 5.96046 7.45050 9.31323 120722 13.0 14.05 15.ON 25.03 3.3358 347855 319598 4.36309 1164153 14 55192 Future Value of $1 Periods 11 2.33164 12 251817 2.71962 14 2.90719 15 3.17217 16 342594 13 2.70002 3.95602 19 4.31570 20 4.66096 20 6.8448 30 10.06266 5.05 2.58043 2.81266 206580 2.34173 3.64248 297000 4.32763 471712 5.14166 560441 862308 13.26760 10.ON 2.85312 2.13843 145227 279750 417225 459497 5.05447 5.55992 611501 622750 10.23471 17.40040 11.0% 315176 3.49545 33320 1044 475459 531089 5.89509 656355 7.28304 8.06331 12 5566 49001 553475 625027 7.00733 7.9608 431790 5.21 626185 7.1371 213725 227546 10 57517 12.05569 104 54757 615005 6.86600 7.58957 561276 20.0% 7.45000 891670 10.69932 12.03910 15.40702 184884) 2218610 25523 5.35025 615279 707571 E1705 9.35762 10 76125 12.37545 1423177 1635654 22.73737 2142171 3552714 5551115 38 33.760 10.1970 11:52 2121054 39.11500 1100005 29.992 3673517 29460 307.79357 50.95016 23737631 Present Value of $1 Periode 1.0% 2.0 3.0% 3.75% 4.255 5.0 5.05 7.00 0.98039 0.96117 0.94232 0.92385 0.90573 0.88797 0.87056 0.85349 0.83676 0.82035 0.97087 0.94260 0.91514 08149 0.86261 0.83748 0.81309 0.78941 076642 0.74409 0.96386 0.92902 0.89544 0.86307 0.83188 0.80181 0.77283 0.74490 0.71797 0.69202 0.96154 0.92456 0.88900 0.85430 0.32190 0.79031 0.75992 0.73069 0.70259 0.67556 095923 0.92013 0.88262 0.94663 0.81212 0.77901 0.74725 0.7167 0.58757 0.65954 0.95233 0.90703 0.86384 0.32270 073353 0.74622 0.71058 0.67684 0.64061 0.51991 0.94340 0.89000 683962 0.79209 0.74726 0.70456 0.66505 0.62741 0.59190 055839 0.93458 0.87344 0.816.30 0.76290 0.71299 0.66634 062275 0.58201 0.5493 0.50835 2.09 3.09 5.0% 8.0% 7.0% 0.80426 0.78849 0.77303 0.75788 0.74301 0.72845 0.71416 0.70016 0.68643 067297 0.60953 0.55207 0.72242 0.70138 0.68095 0.66112 0.54186 0.62317 0,60502 0.58739 0.57029 0.55368 0.47761 0.41199 9.75% 0.66701 0.54290 0.61966 0.59726 0.57568 05567 0.53481 0.51540 0.49685 0.47889 0.39838 0.33140 064953 062460 0.60057 0.57748 55526 0.53391 0.51337 0.49363 0.47464 0.45639 0.37512 0.30832 0.63255 0.60685 0.58212 0.55839 0.53562 0.51379 0.49284 0.47275 0.45348 0.43499 0.35326 0.2009 0.58468 055684 0.53032 050507 048102 045811 0.3630 0.41552 0.39573 0.37629 0.29530 0.23130 052679 049697 0.45884 04230 0.41721 0.39365 0.37136 0.35034 0.33051 0.31180 023300 0.17411 0.47509 0.44401 0:41496 0.38782 0.36245 0.33873 0.31657 0.29585 0.27651 0.75842 0.18425 0.13127 1 0.99010 2 0.98030 3 0.97059 4 0.96098 5 0.95147 6 0.94205 7 093272 8 0.92348 9 0.91434 10 090529 Present Value of $1 Periods 1.0% 11 0.89632 12 0.88745 13 0.87866 14 0.86996 15 0.86135 16 0.85282 17 0.84438 18 0.83602 19 0.82774 20 0.81954 25 0.77977 30 0.74192 Present Value of $1 Periods 8.0 1 0.92593 2 0.85734 3 0.79383 4 0.73503 5 0.68058 6 0.63017 7 0.58349 a 0.54027 9 0.50025 10 0.46319 Present Value of $1 Periods 8.09 11 0.42888 12 0.39711 13 0.36770 14 0.34046 15 0.31524 16 0.29189 17 027027 0.25025 19 0.23171 20 0.21055 25 0.14602 30 0.09938 9.0% 11.05 12.05 13.03 140X 15.09 30.05 25.03 100% 0.90909 0.82645 0.75131 0.58301 0:62092 0.56447 0.51316 0.46651 0.42410 0.38554 0.91743 0.84168 0.77218 0.70843 0.64993 0.59627 0.54703 0.50187 0.46043 0.42241 0.87719 0.76 0.57497 0.59208 051937 090090 081162 073119 065873 0.59345 053454 0.48166 0.43393 0.39092 0.35218 0.89288 0.79719 0.71178 0.63552 056743 050663 0.45235 0.40388 0.36061 0.32197 0.88496 0.78315 0.69305 0.61332 0.54276 0.48032 0.42506 0.37616 0.33288 0.86957 0.75614 0.65752 0.57175 0.49718 0.43223 0.83333 0.69444 0.57870 0.48225 0.40128 0.33490 027900 0.23252 019381 216151 0.80000 06-2000 0.51200 040960 0:32768 0.26214 0.20972 0.16777 0.13422 0.10737 0.2004 035056 0.30751 0.26974 03200 0.28426 0.3718 0.38753 0.35553 0.32618 0.29925 0.27454 0.25187 0.23107 0.21199 0.19449 0.17843 0.11592 0.07531 100% 0.35049 0.31863 0.28966 0.26333 023939 0.21763 0.19784 0.17986 0.16351 0.14864 0.09230 0.05731 11.0% 031728 0.28584 0.25751 0.23199 0.20900 0.18829 0.16963 0.15282 0.13768 0.12403 0.07361 0.04368 0.28741 0.25660 0.22917 0.20452 0.18270 0.16312 0.14564 0 13004 0.11611 090361 0.05083 000335 13.05 0.25070 0.23071 0.20416 OTR068 0.15909 0.14150 0.12522 011001 0.09806 023052 0.20156 0.18207 0.15571 0.14010 012289 0.1070 Q015 0.08295 0.07776 0.03779 021494 0.1861 10250 0.14120 012209 010685 0.09293 0.00081 0.07027 005110 003038 0.01510 013459 0.11216 G09046 007709 0.06491 G05400 004507 003756 003130 002600 001048 0.00421 25.05 001590 005272 005490 000 0.03513 002015 0.02252 001001 0.04710 0.02557 001153 0.00378 0.00124 Future Value of Annuity of $1 1.0% 2.ON 3.75% 4.0% 5.0% 6.ON 7.0 1 1.00000 2 201000 3 303010 4 406040 5 5.10101 6 6.15202 7 7.21354 8 8.28567 9 9.36853 10 10.46221 Future Value of Annuity of $1 Periode 1.0% 100000 202000 3.06040 4.12161 5.20004 6.30812 7.83428 8.58297 9.75463 10.94972 1.00000 2.03000 309090 4.18363 5.30914 6.46841 7.66246 8.89234 10.15911 11.46388 1.00000 2.00750 211391 423068 5.38933 6.5914) 1.00000 2.04000 312160 4.24646 5.41632 663298 789879 9.21423 10.58280 12.00611 1.00000 2.04250 312931 4.26230 5.44345 6.67430 7.95848 9.29671 10,69182 1214622 1.00000 2.05000 215250 4.31013 5.52563 6.80191 8.14201 9.54911 11.02656 12.57789 1.00000 206000 210360 437462 5.63709 6.97532 8.39384 9.89747 11.49132 1218079 1.00000 207000 321890 4.47994 5.75074 7.15329 3.65402 10.25000 1197799 13.81645 9.13255 10.47503 11.36784 2.0% 3.0 3.75% 4.09 4.25% 5.0% 6.0% 7.0% 11 12 14 15 16 11.56683 12.68250 13.80933 1494742 16.09690 17.25786 18.43044 19.61475 20.81090 22.01900 28.24320 34.78489 12.16872 13.41209 14.58033 15.97394 17.29342 18.63929 20.01207 21.41231 22.84056 24.29732 32 03030 40.56808 12.30780 14.19203 15,61779 17.08632 18.59891 20.15688 21.76159 23.41444 25.1 1687 26.87037 36.45926 49.57542 13.31288 14.81212 16.36757 17.98135 19.65565 21.39274 23.19497 25.06478 27.00471 29.01739 4027112 53.79924 13.48635 15.02581 16.62684 18.29191 20.02359 21.82453 23.69751 25.64541 2767123 29.77808 41.64591 56.08494 13.66244 15.24309 16.89092 18.60879 20.39966 22.26665 24.21298 26.24203 28.35732 30.56250 43-07548 58.48553 14.20579 15.91713 17.71298 19.59863 21.57856 23.65749 25.84037 28.13238 30.53900 33,06595 47.72710 66.43885 14.97154 16.86994 18.88214 21.01507 23.27597 25.67253 28.21280 30.90565 33.75999 3678559 54.36451 7905819 15.78360 17.2345 20.14064 22.55049 25.12902 27-800S 30.84022 33.99903 37.37895 $0.99549 69.24904 9446079 18 19 20 25 30 Future Value of Annuity of $1 Periods 8.0% 9.0% 10.05 12.09 14.0% 25.05 1 1.00000 2 2.08000 3 3.24540 4 450611 5 5.86660 6 7.33593 7 8.92280 8 1063563 9 12.48756 10 14.48656 Future Value of Annuity of $1 Periods 8.0% 1.00000 2.09000 3.27810 4.57313 5.98471 752333 9.20043 1102947 13.02104 1519293 1.00000 210000 3.31000 4.64100 6.10510 271561 9.48717 11.43589 12.57948 15.93742 1.00000 2.11000 3.34210 4.70973 5.22780 7.91236 9.78327 11.85943 14.16397 16.72201 1.00000 212000 3.37440 477933 635285 111519 10.08901 12.29969 14.77566 17.54874 13.05 1.00000 213000 3.60690 4.84930 6.43027 8.32271 10.40466 12.75726 15.41571 18.41975 1.00000 2.54000 1.43960 4.92114 6,61010 8.53552 10.73049 1323276 16.08535 19.33730 1.00000 2.15000 2.47250 499337 6.74230 8.75374 11.06680 13.72682 16.78584 20.30372 1.00000 220000 264000 5.36800 7.44160 992992 1291990 16,49900 20.79090 25.95GB 1.00000 2 25000 31250 5.75963 3.20703 11.25079 15.07345 19:34135 25.80222 10.09 11.0 12.0% 13.0 16.0% 13.09 11 12 32.15042 3 5050 49000 14 15 16 17 18 19 20 25 30 16.64549 18.97712 21.49530 24.21492 27.15211 30 32428 3375022 37.45024 41.44626 45.76190 23.1054 1025921 17.56029 20.10072 22.95338 26.01915 29.36092 3300340 3697370 4130134 46.01846 51.76012 84 10090 136. 30754 15.53117 21.35428 24.52271 27.97490 31.77240 3554973 4054070 45.59917 51.15000 57.27500 98 34706 164 49402 2271319 26.21164 30.09492 34 40535 39 18995 450084 50.39594 5693949 6420283 11441335 199.02088 2065450 24.13313 21.02911 3239360 37.27971 42.75828 4.8167 55.74971 62.400 7205244 13233317 201332 21.81432 25.65010 29.98470 30.58271 40/41746 46,67173 53.71906 61.72514 70.74941 BO 4653 15561956 293. 19922 21.04452 27.27075 32.08365 27.58 107 43.84241 50.90035 -5311760 683007 78.90923 -9102493 18187083 356 70685 2434928 29.00167 34.35192 40.50471 47.58041 5571747 6507509 7583636 1321181 102.400 212.70307 13474515 7200511 ET 4212 105 9.8056 12011667 15474000 18668200 4711100 25.0 56613 54.20765 5815956 06.90941 109.68684 131055 173.256 21 LUGO 273 55576 342 9470 105479111 3221101 3.0% 3.75% 4.25 3.0N 6.ON 0.97087 1.91347 2.82861 3.71710 457971 5.41719 6.23028 7,01969 7.78611 53020 0.96386 1.89287 2.78831 3.65138 4.48326 5.28507 6.05790 6.80280 7.52077 8.21279 0.96154 188609 2.77509 3.62990 4.45112 5.24214 6.00205 6.73274 7.43533 8.11090 095923 1.87936 276198 3.60861 442073 519974 5.94699 6.66378 7.35135 3.01089 0.95238 1.85941 2.72325 3.54595 32968 5.07569 5.78637 6.46321 7.10782 7.72173 1339 2.67301 3.46511 421236 1722 5.58238 620979 6.80162 738009 093458 18002 259432 2.8721 10020 475654 5.38923 597130 6.51523 792258 Present Value of Annuity of 51 Pard 1.0% 1 099010 098039 197040 1.94156 3 2.94099 2.88388 4 3.90197 3.80773 5 48530 4.71346 6 5.79543 550143 2 6.72819 6.47199 7.65168 7.32543 9 8.56602 816224 10 9.47130 8.90259 Present Value of Annuity of $1 Periods 1.ON 2.0% 11 10.36763 9.78085 12 11.25508 10.57534 13 12.13374 11.34837 14 13.00370 12.10525 15 13.85505 12.84926 16 14.71757 13.57771 17 15 56225 1429187 18 1639827 14.99203 19 17.22501 1567846 20 18.04555 16.35143 25 22.02316 19.52346 30 25.80771 22,39646 2.0% 3.75% 4.0% 4.25% 5.09 60% 7.05 9.25252 9.95400 10.63496 11.29607 11.93794 12.56110 13.16612 13.75351 1432380 14.87747 17.41315 19,50044 8.87979 9.52269 10.14235 10.73962 11.31530 11.87017 12.40498 12.92045 13.41731 13.89620 16.04320 17.12925 8.76048 9.38507 9.98555 10.56312 11.11839 11.65230 12.16567 12.65930 13.13394 1359033 1567208 17.29203 8.64354 9.25039 983251 10.39090 10.92652 11.46931 11.93315 1240500 1285938 132907 15.21734 16.77902 3.30541 8.86325 9.39357 9.89054 10.376 10.33777 11.27407 1168959 12.08932 12.46221 1409394 15:37245 8.38384 8.85250 9.2949 9.71225 10.10500 10.47725 10.32760 11.15812 1146992 12.78335 7.49857 7.96269 35765 874547 9.10791 9.46665 9.75322 10.05909 10:33560 10.59401 1165058 1240904 10.0% 13.0 14.0% 15.09 Present Value of Annuity of $1 Periods 8.0% 1 0.92593 091743 2 1.78326 1.75011 3 257710 253129 4 331213 3.23972 5 3.99271 3.8896 6 462288 448592 7 5.20637 503295 3 5.74664 55342 9 5.24689 5.99525 10 6.71008 6.41786 090909 173554 2.48685 3.16907 3.79079 435526 11.0% 0.90090 171252 244371 1.10245 3.69590 4.23054 471220 5.10512 5.53705 5.38923 12.0% 0.19286 169005 2.40183 300735 360478 4.11141 456376 4.96764 532825 5.65022 0.88496 1.66810 2.36115 2.97407 3.51723 3.99755 442261 479877 513166 5.42624 0.83333 152770 2 10642 25073 2.99061 0.87719 1.64665 2.32163 2.91371 2.43300 3.36 428830 463885 494632 5.29612 0.36957 162571 228323 285498 335216 3.7845 4.16042 0.0000 144000 95200 2.36150 260928 2951 316114 332091 533493 5.75902 6.14457 250459 3.81716 400091 4.1920 77150 5.01677 3.57050 Present Value of Annuity of $1 Periods 100% 15.0% 14.09 15. 20.05 25.05 43206 3922 11 12 13 14 15 16 17 18 19 20 25 30 7,13896 7.53600 7.90078 124424 3.55948 2.85137 5.12164 9.37189 9.60360 981815 1067478 6.49506 681369 7.10336 7.36609 7.60608 782371 1.02155 3.20141 836492 5.80519 7.16073 248600 7.78615 806069 8.31255 8.54363 3.75563 8.93011 9.12855 9.8225 10.27365 620652 6.49236 6.74987 69817 7. 19087 7.37916 2.54879 7.70162 7.82929 3656 1.72512 273010 3.400 22502 459057 4.6750 13,0 5.68654 5.91765 6.12181 630249 646238 6.60388 6.72909 6891 5.93770 6.19437 642355 6.62817 681006 6.92399 7.11963 7.2407 7.36578 7.66944 7.64314 8.05518 5.23371 5.62062 558315 5.22 5.14737 595423 E0016 6. 12797 6.19823 5.45273 5.66029 594235 600202 6.14217 6-20506 6.37286 646742 655037 562313 6.87293 1053 132794 702675 342174 6.46415 9.07704 942691 1984 90505 7.49545 4575