On January 1, 2018, Seventh Mountain Inc. issued $6,000,000 of 6% 12 year, callable bonds priced to yield 7%. The bonds may be called at 103 on or after December 31, 2023. Interest is payable on July 1 and January 1. Seventh Mountain calls 50% of the bonds on June 1, 2025, (Note: they must also pay the interest accrued to that point on those bonds) A. Prepare an amortization schedule for 2018 - 2030. B. Prepare proper journal entries for the following: 1. 2. Issuance of the bonds for cash on January 1, 2018 For the period of July 1, 2018 to January 1, 2020. || a. Adjusting entries (December 31 Year-end); b. Interest payments and amortization (effective interest method) of premium/discount 3. On Redemption June 1, 2025: a. Accrual of interest to the date of redemption for bonds being called b. Payment to bondholders, including interest C. Recognition of gain or loss at on June 1, 2025.