(Solved): 1:49:54 -ped pok int ences On January 1, 2024, Tennessee Harvester Corporation issued debenture bond ...

1:49:54 -ped pok int ences On January 1, 2024, Tennessee Harvester Corporation issued debenture bonds that pay interest semiannually on June 30 and December 31. Portions of the bond amortization schedule appear below: Payment L23456? 1 38 39 40 Cash Payment KRA 252,000 252,000 252,000 252,000 252,000 252,000 2 Z 252,000 252,000 252,000 Effective Interest 269,496 270,196 270,924 271,681 272,468 273,287 2 ~ 2 N 326,676 329,663 332,769 Increase in Outstanding Balance Balance 6,737,407 6,754,903 6,773,099 6,792,023 6,811,704 6,832,172 6,853,459 17,496 18,196 18,924 19,681 20,468 21,287 2 ~ 74,676 77,663 80,769 Required: 1. What is the face amount of the bonds? 2. What is the initial selling price of the bonds? 2 8,241,568 8,319,231 8,400,000