On January 1, 2018, Bradley Recreational Products issued $170,000, 8%, four-year bonds. Interest is paid semiannually on June 30 and December 31. The bonds were issued at $159,013 to yield an annual return of 10%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1and PVAD of $1)

Required: 1. Prepare an amortization schedule that determines interest at the effective interest rate. 2. Prepare an amortization schedule by the straight-line method. 3. Prepare the journal entries to record interest expense on June 30, 2020, by each of the two approaches. 5. Assuming the market rate is still 10%, what price would a second investor pay the first investor on June 30, 2020, for $17,000 of the bonds?

my work mode nis snows wnat is correct or incorrect tor tne work you nave comple 2 Answer is not complete. Complete this question by entering your answers in the tabs below 6.25 points Required 2 Required 3 Required 5 Prepare an amortization schedule that determines interest at the effective interest rate. (Enter your ans Carrying Value Payment Number Cash Effective Increase in Balance Payment Interest $ 159,013 $ 6,800$ 7,951 1,151160,164 68,0081,208161,372 2 6,800 6,800 1,269 162,641 8,069 8,132 8,199 8,269,4 6,800 1,332 163,973 4 6,800 1,399 165,372 166,841 6 6,800 1,469 6,800 7 8,342 1,542 168,383 1,619170,001 8 6,800 8,419 Totals $ 54,400 65,38910,989