1 The founder of Frenza asks us to assist her in accounting and analysis of the corporation's bonds, which have an annual contract rate of 8% She wants to know the business and accounting implications of further debt issuances as she looks for ways to finance the growth of Frenza. The following Tableau Dashboard is provided to help us address her questions and provide recommendations for her business decisions 10 point Frenza Bond Amortization Carrying Value Unamored Discount efloor $100,000 References 550,000 560,000 $40,000 $20,000 so January 9, Year June 30, Year 1 December 31, June 30, Year 2 December 31, June 30, Year 3 December 31, 1 Years Year 2 Year 3 ints Cash & Inventory for Competing Companies Market Rate for Company Bonds eBook Frenza Lika Nelo 1096 Frenza References $50,000 896 Lika $40,000 496 Nelo $30,000 296 $20,000 096 $10,000 Total Equity & Net Income $o Frenza Lika Nelo Cash Cash Net Income Cash $100,000 $190,000 $85.000 Inventory Inventory Inventory Total Equity $400,000 $530,000 $275,000 1(a). Prepare journal entries to record the issuance of Frenza bonds n January 1, Year 1. 1(b). Prepare journal entries to record the first and second interest payments on June 30. Year 1 and December 31. Year 1 1(c). Prepare journal entries to record the maturity of the bonds on December 31, Year 3. 2 Frenza needs to raise money to purchase new equipment. The founder is concerned about losing ownership control of her company. Which of the following ways to raise money would we recommend? 3. Frenza needs to raise money to purchase more inventory. The founder is concemed about the company's ability to make required cash payments when cash flows are low. Which of the following ways to raise money would we recommend