Understand a bond amortization schedule ULO9-5) P9-5B Temptation Vacations issues $60 million in bonds on January 1, 2021, that pay interest semiannually on June 30 and December 31. Portions of the bond amortization schedule appear below: (1) (2) (5) (3) Interest Expense Cash Paid for Interest Decrease in Carrying Value Date 1/1/2021 6/30/2021 12/31/2021 Carrying Value $66,934,432 66,842,465 66,747,739 $2,100,000 2,100,000 $2,008,033 2,005,274 $91,967 94,726 Required: 1. Were the bonds issued at face amount, a discount, or a premium? 2. What is the original issue price of the bonds? 3. What is the face amount of the bonds? 4. What is the stated annual interest rate? 5. What is the market annual interest rate? 6. What is the total cash paid for interest assuming the bonds mature in 20 years