1-Jan-20 1400 ten-year bonds with a face amount of $1,000, bearing interest at 6.0% payable semi-annually are sold for $1,339.213 The market/effective rate of interest is 6.6%. 30 Jun-20 Semi-annual interest is paid - amortization of discount is recorded 31-Dec 20 Semi-annual interest is paid amortization of discount is recorded Instructions b Record the above transactions using the "effective interest" method Compute the carrying value of the bonds at December 31, 2020 assuming the effective interest method of amortization is used. Record the above transactions using the "straight line" method Compute the carrying value of the bonds at December 31, 2020 assuming the straight-line method of amortization is used. Present the entry for the retirement of the bonds on December 31, 2022 (three years from issue date) for $1,060 cash per bond (S/L method used) d e