ELLIy, you must enter your ID number on the first sheet! On January 1, 2020 Omsk Corporation issued 150,000 of 5 % bonds, due in 17 years Bonds pay interest each July 1 and January 1. Assume 12 % market rate of interest. Requirements (Round to 0 decimals, Rounding errors do not matter): 1. Compute market price of bonds. Provide detailed computation. Use functions in Excel 2. What is an amount of discount /premium? Indicate, what it is (discount or premium). Computation. 3. Prepare amortization schedule for first 5 years. Use formulas in Excel. 4. Prepare journal entry to record bond issue. 5. Prepare journal entry on July 1, 2020. 6. Prepare journal entry on December 31, 2020. 7. Prepare journal entry on January 1, 2021