On January 1, 2021, Bradley Recreational Products issued $150,000, 12%, four-year bonds. Interest is paid semiannually on June 30 and December 31. The bonds were issued at $141,044 to yield an annual return of 14%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 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, 2023, by each of the two approaches. 5. Assuming the market rate is still 14%, what price would a second investor pay the first investor on June 30, 2023, for $21,000 of the bonds? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 5 Prepare an amortization schedule that determines interest at the effective interest Payment Number Cash Payment Effective Interest 1 2 3 4 5 6 7 8 Increase in Balance Carrying Value Totals $ 0 $ 0 $ 0 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 5 Prepare an amortization schedule by the straight-line method. (Do not round intermediate whole dollars.) Payment Number Cash Payment Recorded Interest Increase in Carrying Value Balance 1 2 23 st 4 5 6 7 8 Totals $ 0 $ 0 $ 0 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 5 Prepare the journal entries to record interest expense on June 30, 2023, by each of the two approa transaction/event, select "No journal entry required" in the first account field. Enter your answers i View transaction list Journal entry worksheet Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 5 Prepare the journal entries to record interest expense on June 30, 2023, by each of the two approa transaction/event, select "No journal entry required" in the first account field. Enter your answers in View transaction list Journal entry worksheet 1 2 Record interest expense on June 30, 2023, by the straight-line method. Note: Enter debits before credits. Event 2 General Journal Debit Credit Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 5 Assuming the market rate is still 14%, what price would a second investor pay the first investor on June 30, 2023, for $21,000 of the bonds? (Round your intermediate calculation and final answer to whole dollars.) Price of the bonds