Mathieson Co. issues a $11,500,000, 6.5 % bond on 1 October 20X4. At this time, market interest rates are in the range of 6%. The bond had a 10-year life from 1 October 20X4, and paid interest semi-annually on 31 March and 30 September. (PV of $1, PVA of $1, and PVAD of $1.) (Use appropriate factor(s) from the tables provided.) Required: 1. Calculate the proceeds that would be raised on bond issuance. (Round time value factor to 5 decimal places. Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount.) Proceeds from bond issuance 2. Prepare an amortization table using the effective interest method of amortization. Complete the first four payments only. (Round time value factor to 5 decimal places. Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) Cash Interest Interest Period Dorp Closing Net Bond Paid Expense Amortization Liab. Op. balance 1 2 3. Prepare journal entries for 20X4 and 20X5, using the effective interest method. ABC has a 31 December fiscal year-end. (Roun time value factor to 5 decimal places. Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) View transaction list EX: RE > 1 Record the issuance of bonds. 2 Record the accrual of interest expense. 3 Record the payment of interest on bonds. 4 Record the payment of interest on bonds. 5 Credit Record the accrual of interest expense