Hello, please help me in the answering these 3 questions on bonds.

E14-10 (Purchase of Computer with Non-Interest-Bearing Debt) Collins Corporation purchased a computer on December 31, 2014, paying $30,000 down and a further $75,000 payment due on December 31, 2017. An interest rate of 10% is implicit in the purchase price. Collins uses the effective interest method and has a December 31 year end. Collins prepares financial statements in accordance with ASPE. Instructions (a) Prepare the journal entry(ies) at the purchase date. (Round to two decimal places.) (b) Prepare any journal entry(ies) required at December 31, 2015, 2016, and 2017. (c) Can Collins choose a different method of amortizing any premium or discount on its notes payable? Explain your answer 14-18 (Entries for Retirement and Issuance of BondsStraight-Line) On June 30, 2007, Auburn Limited issued 12% bonds with a par value of $800,000 due in 20 years. They were issued at 98 and were callable at 104 at any date after June 30, 2014. (LO 3) (LO 3) Because of lower interest rates and a significant change in the company's credit rating, it was decided to call the entire issue on June 30, 2014, and to issue new bonds. New 10% bonds were sold in the amount of $1 million at 102; they mature in 20 years. The company follows ASPE and uses straightline amortization. The interest payment dates are December 31 and June 30 of each year. Instructions (a) Prepare journal entries to record the retirement of the old issue and the sale of the new issue on June 30, 2014. (b) Prepare the entry required on December 31, 2014, to record the payment of the first six months of interest and the amortization of the bond premium. E14-19 (Entries for Retirement and Issuance of BondsEffective Interest) Refer to E14-18 and Auburn Limited. Instructions Repeat the instructions of E14-18 assuming that Auburn Limited follows IFRS and uses the effective interest method. Provide an effective-interest table for the bonds from the inception of the bond to the date of the redemption. (Hint: You need to first calculate the effective interest rate on the 2007 and 2014 bonds. Round the semi-annual interest per- centage to three decimal places. P14-16 At December 31, 2013, Shutdown Manufacturing Limited had outstanding a $300,000, 12% note payable to Thornton National Bank. Dated January 1, 2011, the note was issued at par and due on December 31, 2014, with inter- est payable each December 31. During 2014, Shutdown notified Thornton that it might be unable to meet the sched- uled December 31, 2014 payment of principal and interest because of financial difficulties. On September 30, 2014, Thornton sold the note, including interest accrued since December 31, 2013, for $280,000 to Orsini Foundry, one of Shutdown's oldest and largest customers. On December 31, 2014, Orsini agreed to accept inventory that cost $240,000 but was worth $315,000 from Shutdown in full settlement of the note. Thornton, Shutdown, and Orsini prepare financial statements in accordance with IFRS. Instructions (a) Prepare the journal entry to record the September 30, 2014 transaction on the books of Thornton, Shutdown, and Orsini. For each company, indicate whether the transaction is a restructuring of troubled debt. (b) Prepare the journal entries to record the December 31, 2014 transaction on the books of Shutdown and Orsini. For each company, indicate whether this transaction is a restructuring of troubled debt