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CON10-1 (Algo) Recording and Reporting Liabilities LO10.5 Pool Corporation, incorporated, sells swimming pooi supplies and equipment. It is a publicly traded carporatan that trades on the NASDAQ exchange. The mojority of Pools cusiomers are small, famiy-owned businesses. Assume that Pool issued bonds with a foce value of $760.000,000 on January 1 of this year and that the coupon rate is 6 percent At the time of the barroming. the annual mathet rate of interest was 2 gercent. The debt matures in 9 years, and Pool makes interest payments semiannuably on June 30 and December 34. (FY of S1. PV of 51. EVA of S1, and PYA. o(S5) (Use appropeiate factaris) from the tabies arovided) Aequired: 1. What was the issue price on January t of this year? 2. What amount of interest expense should be recorded on June 30 and December 31 of this year? 3. What amount of cash interest sheuld be paid on June 30 and December 31 of this year? 4. What is the book value of the bonds on June 30 and December 31 of this year? Complate this quwstion by entering your answers in the tabs below. nearinst whole datiar a nount.) CON10-1 (Algo) Recording and Reporting Liabilities LO10-5 Pool Corporation, lacorporated, selis swimming pool supplies and equipment, it is a publicly troded corporaton that trades on the NASDAC exchange. The majority of Pool's customers are small, family-owned businesses. Assume that Pool issued bonds with a face value of $760,000,000 on January 1 of this year and that the coupon rate is 6 percent. At the time of gie borrowhy, the aninued market rate of interest was 2 percent. The debt motures in 9 years. and Pool makes interest phyments senvannually en dune 30 and December 31, (EY of 51. PY of S1. EVA of SS, and PVA o(Si) (Use appropriate factor(s) from the tables praviderf) Recairet: 1. What was the issue price on January I of this year? 2. What amount of interest expense should be tecorded on June 30 and December 31 of this year? 3. What amount of cash interest shouid be paid on June 20 and December 31 of this year?. 4. What is the book value of the bonds on June 30 and December 3t of this year? Complete this uuestinn by entering yeur answers in the tabs below. What amount of interest expense sheuld be recorded en Suen 30 and December 31 ef this ytar? for nat round htempo ate calcuistshis. Renund your final answeis to neareit whole doller arrount.] CON10-1 (Algo) Recording and Reporting Llabilities LO10-5 Pool Corporation, incorporated, selis swimming pool supplies and equigment it is a publicly traded corporation thed vades in the NASDAQ exchange. The mojority of Pools customers are small, famly-owned businesses. Assume that Pool issued bondi w wh a foce value of $760.000.000 on January 1 of this year and that the coupon rate is 6 percent At the time of the borrowing the annual market rate of interest was 2 percent. The debt matures in 9 years, and Pool mukes interest pyyents semiarnusily on hane 30 and Required! 1. What was the issun price an January 1 of this year? 2. What amount of interest expense ahould be recorded on dune 30 and December 31 of the year? 3. What amourt of cauh interest should be paid on June 30 and December 31 of tha year? 4. What is the book value of the bonds on June 30 and December 31 of ers year? Completa this questien by entering your anawars in the tabs below. llaund your tha ariwers to nearet whole dollar amount.)

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