On January 1, 2021, Methodical Manufacturing issued 100 bonds, each with a face value of 51,000 , a stated interest rate of 5 percent paid annually on December 31, and a maturity date of December 31,2023 . On the issue date, the market interest rate was 4,25 percent, so the total proceeds from the bond issue were $102,070. Methodical uses the straight-line bond amortization method and adjusts for any rounding errors when recording interest in the final yeaf. Required: 1. Prepare a bond amortization schedule. 2-5. Prepare the required journal entries to record the bond issue, interest payments on December 31,2021 and 2022 , the interest and face value payment on December 31,2023 and the bond retirement. Assume the bonds are retired early on January 1,2023 instead of at their maturity date of 12/31/2023, record the entry to retire the bonds early assuming a price of 102 . Complete this question by entering your answers in the tabs below. Drenare a hond amortization schedule