Mathieson Co. issues a $14,500,000, 8.5% bond on 1 October 20X4. At this time, market interest rates are in the range of 8%. 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, anc 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 bondissance 2. Prepare an amortization table using the effective interest method of amortization Complete the first four payments only (Rounc time value factor to 5 decimal places. Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) Period Interest Dor P Closing Net Bond Expense Amortization Op balance Cash Interest Paid Liab. 1 2 3 4 Prepare journal entries for 20x4 and 20x5, using the effective interest method. ABC has a 31 Dec ime value factor to 5 decimal places. Do not round intermediate calculations. Round your final a Hollar amount.) View transaction list Journal entry worksheet 1 2 3 4 5 Record the issuance of bonds. Note: Enter debits before credits. General Journal Debit Date 1 October 20X4 Credit 3. Prepare journal entries for 20x4 and 20X5, using the effective interest method. ABC time value factor to 5 decimal places. Do not round intermediate calculations. Round dollar amount.) View transaction list Journal entry worksheet