On 1 July 2022, Hoang Ltd issued five-year Bonds with a total face value of $1,000,000, which paid interest of $100,000 annually in arrears. The market-required interest rate for Hoang Ltd's bonds was 14 per cent. Note: 1. PVIF@14% at year 5 > 0.5194 and 2. PVIF@14% Year 1-5> 3.4331. Required: A Prepare the present value of the Bond. (3 marks) 8. Prepare a Bond schedule for 2023 to 2027. (5 marks) For preparing bond schedule follow the following format: 4. Interest at 14% (column 2.14%) 1. Year ended 2. Opening 3. Payment Bond payable 5. Increase in bong payable (column 4- column 3) 6. Amortised cost of Bond payable (column 2 + column 5) $