On January 2, 2015, Roof Master Construction, Inc. issued $5…

On January 2, 2015, Roof Master Construction, Inc. issued $500,000, 10-year bonds for $574,540. The bonds pay interest on June 30 and December 31. The stated rate is 8% and the market rate is 6%. At the maturity date, besides an interest payment, Roof Master would repay the bondholders