2 25 25 points eBook Print References On January 1, 2021, Bradley Recreational Products issued $200,000, 11%, four-year bonds. Interest is paid semiannually on June 30 and December 31. The bonds were issued at $193,790 to yield an annual return of 12%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: 1. Prepare an amortization schedule that determines interest at the effective interest rate. 2. Prepare an amortization schedule by the straight-line method. 3. Prepare the journal entries to record interest expense on June 30, 2023, by each of the two approaches. 5. Assuming the market rate is still 12%, what price would a second investor pay the first investor on June 30, 2023, for $24,000 of the bonds? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 5 Prepare an amortization schedule that determines interest at the effective interest rate. (Enter your answers in whole dollars.) Payment Number Cash Payment Effective Interest Increase in Balance Carrying Value 2 Required 1 Required 2 Required 3 Required 5 25 points Prepare an amortization schedule that determines interest at the effective interest rate. (Enter your answers in whole dollars.) Payment Number Payment Cash Effective Interest Increase in Balance Carrying Value eBook Print 1 References 2 3 4 5 6 7 00 8 Totals Required 2 > 2 25 points Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 5 Prepare an amortization schedule by the straight-line method. (Do not round intermediate calculations. Enter your answers in whole dollars.) eBook Payment Cash Number Payment Recorded Interest Increase in Balance Carrying Value Print References 1 2 3 4 5 9 7 Totals < Required 1 8 Required 3 > A 2 Required 1 Required 2 Required 3 Required 5 25 points Prepare the journal entries to record interest expense on June 30, 2023, by each of the two approaches. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) eBook Print View transaction list Journal entry worksheet References < 1 2 Record interest expense on June 30, 2023, by the effective interest method. Note: Enter debits before credits. Event 1 General Journal Debit Credit A D Prepare the journal entries to record interest expense on June 30, 2023, by each of the two approaches. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) 2 Required 1 Required 2 Required 3 Required 5 25 points eBook Print View transaction list Journal entry worksheet < 1 2 References Record interest expense on June 30, 2023, by the straight-line method. Note: Enter debits before credits. Event 2 General Journal Debit Credit A 2 25 points Required: 1. Prepare an amortization schedule that determines interest at the effective interest rate. 2 Prepare an amortization schedule by the straight-line method. 3. Prepare the journal entries to record interest expense on June 30, 2023, by each of the two approaches. 13 5. Assuming the market rate is still 12%, what price would a second investor pay the first investor on June 30, 2023, for $24,000 of the bonds? eBook Complete this question by entering your answers in the tabs below. Print References Required 1 Required 2 Required 3 Required 5 Assuming the market rate is still 12%, what price would a second investor pay the first investor on June 30, 2023, for $24,000 of the bonds? (Round your intermediate calculation and final answer to whole dollars.) Price of the bonds