b. On January 1, Martinez Inc. issued $6,000,000, 11%, 10-year bonds for $6,390,000. The market rate of interest for these bonds is 10%. Interest is payable annually on December 31. 1. Prepare the Schedule of Bond Premium Amortization (straight-line, three-year only) 2. Prepare the Schedule of Bond Premium Amortization (effective interest method, three years only) 3. Present the journal entries for the first year (effective interest only) 4. At the end of the first year, Martinez should report an unamortized bond premium of: (both methods)