On January 1, 2024, Reyes Recreational Products igsued $160,000,8%, four-year bonds. Interest is paid semiannually on June 30 and Decamber 31 . The bonds were issued at $149,659 to yield an annual retum of 10%. Required: 1. Prepare an amontization 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, 2026, by each of the two approaches. 5. Assuming the market rate is still 10\%, what price would a second investor pay the first investor on June 30,2026 , for $16,000 of the bonds? Note: Use tables, Excel, or a financial calculator. (FV of \$1, PV of \$1, FVA of \$1, PVA of \$1. FVAD of \$1 and PVAD of \$1) Complete this question by entering your answers in the tabs below. Prepare an amortization schedule that determines interest at the effective interest rate. Note: Enter your answers in whole dollars