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On JanuaryI 1. Ram Cumulatiun issued hands with a face value of $303 and a stated rate 01:396. The hands mature in four 1rears and pay interest

Please answer the question below for accounting.On January 1, Rom Corporation issued bonds with a face value of $800,000 and a stated rate of 8%. The bonds mature in four years and pay interest semi-annually on June 30 and December 31. The market rate of interest on the date of issue was 6%. question 2.png

question 2.png

On JanuaryI 1. Ram Cumulatiun issued hands with a face value of $303flflfl and a stated rate 01:396.
The hands mature in four 1rears and pay interest serni-arnnuail'g.r 0n June 313 and December 31. The
market rate of interest on the date of issue was 6%. Additional infnrmatiun: I PU 01‘51 I WA of $1 .9426!) .92456 35334 I 1.91343 1.33339 133326 I. 35480 39209 33503 I 33131U 3.629913 3.46511 3.31213
I 33941 33069 .62341 .5402? I 3.01969 6332 3'4 6.23939 5.34664 'Iul'ul'hat was the issue {sale} price 031 .IanILrar'yr 1?{R10und to nearest dailar.} 0 $029339
ID $356,155 CI 944.550 0 $000,000

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