On January 1, 2018, Surreal Manufacturing issued 550 bonds, each with a face value of $1000, a stated interest rate of 3 percent paid annually on December 31, and a maturity date of December 31, 2020 on the issue date, the market interest rate was 4 percent, so the total proceeds from the bond issue were $534,739 Surreat uses the effective interest bond amortization method and adjusts for any rounding errors when recording interest in the final year Required: 1. Prepare a bond amortization schedule 2.5. Prepare the journal entries to record the bond issue, the interest payments on December 31, 2018 and 2019, the interest and foce value payment on December 31, 2020 and the bond retirement Assume the bonds are retired on January 1, 2020, at a price of 101 Complete this question by entering your answers in the tabs below. Reg1 Rento Prepare a bond amortization schedule. (Round your answers to the nearest whole dollar. Make sure that the carrying value quals face value of the band in the last period. Interest expense in the last period will result in the amount in Discount Amortized equating Discount on Bonds Payable) Penod Changes During the Period Interest Cash Paid Discount Expense Amortized Ending Band Liability Batances Bonds Payable Discount on Bonds Payable Carrying Value 3 0 0 0 01/01/18 12/01/18 12/31/19 12/31/20 0 0 F Req 2 to 5 >