On Jan. 1, 2020 Philo Kvetch purchased 50 bonds @ $1,013.40 per bond. The new bond issue was priced such that the bonds have an yield (annual) of 4.2% The bond (annual coupon) rate is 4.5% over the 5-year term of the bonds. The bonds pay interest semi-annually. 1-Jan-20 Prepare the entry for the purchase of the bonds 30-Jun-20 Prepare the entry for the first semi-annual receipt of interest and amortization using the effective interest method. 31-Dec-20 Prepare the entry for the second semi-annual receipt of interest and amortization using the effective interest method. 30-Jun-20 Prepare the entry for the first semi-annual receipt of interest and amortization using the straight line method. 31-Dec-20 Prepare the entry for the second semi-annual receipt of interest and amortization using the straight line method