Grand Company Authorized $150,000 of 5-Year Bonds Dated January 1

Grand Company authorized $150,000 of 5-year bonds dated January 1, 2017. The coupon rate of interest was 14%, payable annually each December 31. The bonds were issued on January 1, 2015, when the market interest rate was 12%. Assume effective-interest amortization. (The present value factor for $1 at 6% for 10 periods is 0.55839, for $1 at 7% for 10 periods is 0.50835, for $1 at 14% for 5 periods is 0.51937, and for $1 at 12% for 5 periods is 0.56743. The present value of an annuity of $1 for 10 periods at 6% is 7.36009, for 10 periods at 7% is 7.02358, for 5 periods at 6% is 4.21236, for 5 periods at 7% is 4.10020, and for 5 periods at 12% is 3.60478). Round your final answers to the nearest next whole dollar amount.
Required:
A.Calculate the issue price (total amount received) at January 1, 2017.
B.What would be the amount of premium amortization for December 31, 2017? No adjusting journal entries have been made during the year.
C.What would be the amount of the interest payment on December 31, 2017?
D.What is the book value of the bonds at December 31, 2017?