Problem #1 On February 1, 2016 Nathaly's Gnocchi, Ltd. issued 5,700, 5-year 6.0% bonds with a face value of $1,000. The bond pay interest semi-annually and were sold for $5,603,741 providing investors with an annualized yield (market rate) of 6.4% Record the following transactions 1-Feb-16 the issuance of the bonds the first semi-annual interest payment and amortization discount or premium as appropriate using the "effective interest method" b 1-Aug-16 year-end interest accrual using the "effective interest method" c 31-Dec-16 d 1-Feb-17 the second semi-annual interest payment and amortizatic discount or premium as appropriate using the "effective interest method" 1-Feb-18 After paying semi-annual interest and recording the appropriate amortization (do not record), Clarissa retire 1,825 bonds@$1,060. Record the bond retirement. assuming the effective interest method had been used to this point