On January 1, 2021, Darnell Window and Pane issued $19.7 million of 10-year, zero-coupon bonds for $6,938,034. (FV of $1. PV of $1. EVA of $1. PVA of $1. EVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: 2. Determine the effective rate of interest. 1. & 3. to 5. Prepare the necessary journal entries. General Interest rate Journal Prepare the necessary journal entries. (If no entry is required for a transaction/event, select "No journal account field. Round your Intermedalte calculations and final answers to nearest whole dollar.) View transaction list 1 Record the Issuance of the bonds. 2 Record annual Interest expense at December 31, 2021. 3 Record annual Interest expense at December 31, 2022. 4 Record the payment at the bonds' maturity. Credit