$5.$ Winter Nights Inc. $($WNC$)$ issued bonds and received cash in full for the issue price. The bonds were

dated and issued on January $1,2023.$ The coupon rate was payable at the end of year. The bonds

mature at the end of four years. The following schedule has been partly completed: $($see the picture attached$)$

Required $(18$ marks$)$:

a$)$ Complete the amortization schedule.

b$)$ What was the maturity amount of the bonds?

c$)$ How much cash was received at the date of issuance $($sale$)$ of the bonds?

d$)$ What was the amount of discount or premium on the bond? Be clear if it is a discount or premium.

e$)$ How much cash will be paid for interest in total for the full life of the bond issue?

f$)$ What is the coupon rate of interest?

g$)$ What is the effective rate of interest?

h$)$ What amount of interest should be reported on the statement of earnings each year?