7. Ujiri Ltd. authorized $300,000 of three-year bonds dated January 1, 2020. The stated rate on these bonds was 14%, payable each June 30 and December 31. The bonds were issued on January 1, 2020, when the market rate of interest was 12%. Assume effective-interest amortization. Required: a) What amount will the bonds be issued for? (show your calculations) Prepare the journal entry to record the issuance of the bonds. b) Complete the following table: Bond Payment Schedule Interest Expense Amortization Carrying Amount Date Interest Payment Jan.1/20 June 30/20 Dec.31/20 June 30/21 Dec.31/21 June 30/22 Dec.31/22 Total