plz provide calculations

--/1 Question 2 View Policies Current Attempt in Progress On May 1, 2021. Sandhill Corp. issued $940,000 of 5 year, 7% bonds at 95. The bonds pay interest annually on May 1. Sandhill's year end is April 30. Record the issue of the bonds on May 1, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Debit Credit Date Account Titles and Explanation May 1 TM Calculate the effective rate of the bonds using Excel or a financial calculator. (Round answer to 4 decimal places, es 1.5751) Effective rate % e Textbook and Media List of Accounts O