complete the following

Question 8 oebee Corporation issued bonds with a par value of $500,000 and a five-year life on May 1, 201s. The contract rate is 7%. The bonds pay interest on October 31 and April 30. They were issued at a price of $489,734 when the market rate was 7.5%. Toebee Corporation's year-end is December 31. 1. Prepare an amortization table using the effective interest method. (IFRS) 2. Prepare an amortization table using the straight-line method. (ASPE) 3. Contrast the two methods, commenting on the following: Please answer in complete and professional answers. a. Period interest expense b. Total interest expense c. Discount amortized at maturity d. Amortized cost at maturity olb b