Problem #1 On June 1, 2013 Carmita's Cavetelli, Ltd. issued 6,200, 5-year, 4.2% bonds with a face value of $1,000 The bond pay interest semi-annually and were sold for $6,117,544 providing investors with an annualized yield (market rate) of 4.5% Record the following transactions a 1-Jun-13 the issuance of the bonds b 1-Dec-13 the first semi-annual interest payment and amortization o discount or premium as appropriate using the "effective interest method" c 31-Dec-13 year-end interest accrual using the "effective interest method" d 1-Jun-14 the second semi-annual interest payment and amortization discount or premium as appropriate using the "effective interest method e 1Jun-15 After paying semi-annual interest and recording the appropriate amortization (do not record), Carmita retires 1,240 bonds@$1,005. Record the bond retirement assuming the effective interest method had been used to this point