3 Question 14 4 pts On January 1, 2020, Smith Enterprises issued $100,000 of five-year 9% bonds at face value. Smith is required to pay $25,709 on December 31 of each of the five years. The amount of the payment allocable to principal (as a reduction of the principal balance) on December 31, 2020 is $20,000 Ds not determinable. $16,709 $ 9,000