Champ Ls authored to issue $3.000.000 of 1%, 13-year bonds payable On December 21, 2001, when the market interest is 9%, the company issues $2.400.000 of the bonds Champ amortizes bond discount using the effective interest method. The sarannual rest dates are June 30 and December 31. Requirement. Use the PVunden in Excel tocabulate the issue pece of the bonds Pound your answer to the resear Requirements 1. Use the PV on in Excel to calculate the 2. Prepare a bond amortization table for the first year of the 3. Record the issuance of the bonds payable on December 31, 201 must payment on June 30, 2322, and the second payment on December 31, 2022