Company issues bonds payable on January 1, 2020. The bonds go for 3 years. Interest payments will be made twice a year on June 30 and December 31 (think about twice a year). The stated (coupon) interest rate is 6%. The market (effective) interest rate is 8%. The face value (principal amount) is $10,000,000. A. Compute the present value of the cash flows, which is the same as the issue price for the bonds payable ***Requirements: Use a Financial Calculator or Excel-and show the inputs that you are using for each calculation And show each cash flow separately, then add together B. Prepare an amortization for the life of the bonds. ***Requirement: It is preferable to use Excel, but if you choose not to prepare a table in Word (no hand- written tables) C. Prepare the journal entries for the first year