Question: Use the following to answer questions 4 - 7 (Round answers to the nearest dollar) R Corp issues 4.4%, 10-year bonds with a total face

Use the following to answer questions 4 - 7 (Round answers to the nearest dollar) R Corp issues 4.4%, 10-year bonds with a total face amount of $1,000,000. The market interest rate for bonds of similar pink PROBLEM SET (input your answers after you've completed the entire problem). 4. $ (rounded to nearest dollar). What is the issue price of the bond? 5. S (rounded to nearest dollar). When the company records the first interest payment, how much will the company record for interest expense? 6. $ payment? (rounded to nearest dollar). What is the bond liability (carrying amount) after the first interest 7. $. (rounded to nearest dollar). When the company records the second interest payment, how much will the company record for interest expense

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