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On January 1,2021 , Bradley Recreational Products issued $100,000,9%, four-year bonds. Interest is paid semiannually on June 30 and December 31 . The bonds were

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On January 1,2021 , Bradley Recreational Products issued $100,000,9%, four-year bonds. Interest is paid semiannually on June 30 and December 31 . The bonds were issued at \$96,768 to yield an annual return of 10%. (EV of \$1, PV of \$1. EVA of \$1. PVA of S1, EVAD of $1 and PVAD of \$1) (Use oppropriate 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 10\%, what price would a second investor pay the first investor on June 30,2023 , for $10,000 of the bonds? Complete this question by entering your answers in the tabs below. Prepare an:amortization schedule that determines interest at the effective interest rate. (Enter your answers in whole doliars.)

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