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I need help with question 1e On February 1, 2016 Nathaly's Gnocchi, Ltd. issued 5,700, 5-year, 6.0% bonds with a face value of $1,000. The

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On February 1, 2016 Nathaly's Gnocchi, Ltd. issued 5,700, 5-year, 6.0% bonds with a face value of $1,000. The bond pay interest semi-annually and were sold for $5,603,741 providing investors with an annualized yield (market rate) of 6.4% roblem #1 cord the following transactions 1-Feb-16 the issuance of the bonds b 1-Aug-16 the first semi-annual interest payment and amortization o discount or premium as appropriate using the "effective interest method" year-end interest accrual using the "effective interest method" 31-Dec-16 the second semi-annual interest payment and amortizati discount or premium as appropriate using the "effective interest method" 1-Feb-17 1-Feb-18 After paying semi-annual interest and recording the appropriate amortization (do not record), Clarissa retire 1,825 bonds@$1,060. Record the bond retirement assuming the effective interest method had been used to this point

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