On January 1, 2018. Surreal Manufacturing issued 600 bonds, each with a face value of $1,000, 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 $583,352. Surreal uses the simplified effective-interest bond amortization method and adjusts for any rounding errors when recording interest in the final year Requlrec: 1. Prepare a bond amortization schedule. 2-3. Prepare the joumal entries to record the bond issue, the interest payments on December 31, 2018 and 2019, the interest and face 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 Req 1 Req 2 to5 Prepare a bond amortization schedule. (Do not round intermediate calculations. Round your answers to the nearest whole dollar. Make sure that the Carrying value equals to face value of the bond in the last period. Interest expense in the last period should be calculated as Cash Interest (+)(-) Reduction in Bonds Payable, Net.) Changes During the Period End of Year Bonds Payable, Interest Expense Increase in Bonds Payable, Net Bonds Payable, Net Cash Paid Net 01/01/18-12/31/18 01/01/19-12/31/19 01/01/20-12/31/20 K Req 1 Req 2 to 5> Journal entry worksheet Record the issuance of 600 bonds at face value of $1,000 each for $583,352. Note: Enter debits before credits Date General Journal Debit Credit Jan 01, 2018 Record entry Clear entry View general journal Req 1 Req 2 to 5 Journal entry worksheet Record the interest payment on December 31, 2018 Note: Enter debits before credits Date General Journal Debit Credit Dec 31, 2018 Record entry Clear entry View general journal Journal entry worksheet Record the interest payment on December 31, 2019 Note: Enter debits before credits Date General Journal Debit Credit Dec 31, 2019 Record entry Clear entry View general journal Journal entry worksheet Record the interest payment on December 31, 2019 Note: Enter debits before credits Date General Journal Debit Credit Dec 31, 2019 Record entry Clear entry View general journal Journal entry worksheet Record the interest and face value payment on December 31, 2020. Note: Enter debits before credits Date General Journal Debit Credit Dec 31, 2020 Record entry Clear entry View general journal Journal entry worksheet Record the retirement of the bonds at a quoted price of 101, assuming the bonds are retired on January 1, 2020. Note: Enter debits before credits Date General Journal Debit Credit Jan 01, 2020 Record entry Clear entry View general journal