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On January 1, 2018, Bradley Recreational Products issued $180,000, 9%, four-year bonds. Interest is paid semiannually on June 30 and December 31, The bonds were

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On January 1, 2018, Bradley Recreational Products issued $180,000, 9%, four-year bonds. Interest is paid semiannually on June 30 and December 31, The bonds were issued at $174183 to yield an annual return of 10%. (EVors. PvofSL EVAofSL P VAofSL EVADofS1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 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 $18,000 of the bonds? Complete this question by entering your answers in the tabs below

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