Imported Autoparts Inc. issued $$170,000$ of $7\%,$five$-$year bonds at a price of $83$ on January$31,20$ Upper X $120$X$1($Note: When the issue price of bonds is$$ provided, as in this$$ case, you do not need to calculate it$$ yourself; just use the stated$$ price.$).$ The market interest rate at the date of issuance was $10\%,$ and the standard bonds pay interest$$ semi$-$annually. $1.$

Prepare an$$ effective$-$interest amortization table for the bonds through the first three interest payments.

$2.$

Record Imported'sImported's issuance of the bonds on January$31,20$ Upper X $120$X$1,$ and payment of the first$$ semi$-$annual interest amount and amortization of the bonds on July$31,20$ Upper X $120$X$1.$ Explanations are not required.

$3.$

How much cash did Imported AutopartsImported Autoparts borrow on January$31,20$ Upper X $120$X$1?$ How much cash will Imported AutopartsImported Autoparts pay back at maturity on January$31,20$ Upper X $620$X$6?$

$4.$

How much cash interest will Imported AutopartsImported Autoparts pay each six$$ months?

$5.$

How much interest expense will Imported AutopartsImported Autoparts report on July$31,20$ Upper X $120$X$1,$ and on January$31,20$ Upper X $220$X$2?$ Why does the amount of interest expense increase each$$ period? Explain in detail.