Computing Amounts under Effective Interest and Straight-Line Interest Methods For the following separate bond issues, assume that the bonds are sold on January 1, 2020, interest is paid semiannually on July 1 and December 31, and the bond term is 5 years. Complete the following schedule by measuring the bond selling price on January 1, 2020, and interest expense and interest paid for 2020. Note: Round your answers to the nearest whole dollar. Face Value Stated Market Case of Bonds Rate Rate 696 $25,000 6% 5% 100,000 4% 59 325,000 59 1,250,000 0% 496 7% 6% 200,000 7% 250,000 6% 8% 1 2 3 4 5 6 Amortization Bond Selling Method Price Effective interest S Effective interest Straight-line Straight-line Effective interest Straight-line Interest Expense 2020 OS 0 0 0 0 0 Interest Paid 2020 OS 0 0 0 0 0 0 0 0 0 0 0