5. On January 1, 2000, Garcia Company issued 10\%,5-year bonds with a par value of $240,000 and semiannual interest payments. Assume the bonds were issued at 108.11 to yield 8%. The effective interest method is used to allocate interest expense. (25 POINTS) Required: a. Prepare a bond amortization schedule using the effective interest method. b. Prepare the journal entries reflecting the issuance of Garcia Company bonds. c. Prepare the journal entries for the July 1 interest payment. d. Prepare the journal entry for the December 31 adjusting entry. e. What total amount of bond interest expense will be recognized over the life of these bonds