Please show me the eqautions to how you got the numbers in the table!! On January 1, 2020, Sponsler Corporation issued $5,000,000, 7%, 20-year bonds. The bonds were sold to yield an effective-interest rate of 5%. Interest is paid semiannually on June 30 and December 31. The company uses the effective interest method of amortization. Use the table below to prepare a bond discount amortization schedule which shows the amortization of discount for the first SIX interest payment dates. (Round to the nearest dollar.) Alternatively, prepare the journal entrylies) to redeem the bond for $6,250,000 on October 1, 2022. Prepare the three required 2020 journal entries for the bond On January 1, 2020, Sponsler Corporation issued $1,000,000, 4%, 5-year bonds. The bonds were sold to yield an effective interest rate of 6%. Interest is paid quarterly on March 31, June 30, September 30, and December 31. The company uses the effective interest method of amortization. Prepare the January 1, March 30, and June 30 journal entries for 2020 (over) Prepare the journal entry to redeem the bond for $6,200,000 on January 1, 2022