problem 14-1 questions a through f

3 4 P14-1 (Analysis of Amortization Schedule and Interest Entries) The following amortization and quent interest payments and charges. The company's year-end is December 31, and financial are prepared once yearly ule reflects the issuance of 10-year bonds by Capulet Corporation on January 1, 2008, and the subee statements Amortization Schedule Carrying Amount Unamortized $5,651 5,329 4,968 4,564 4,112 Cash Interest Value 1/1/2008 $ 94,349 94,671 2008 $11,000 2009 2010 2011 2012 2013 2014 2015 2016 2017 11,000 11,000 11,000 11,000 11,000 11,000 11,000 11,000 11,000 $11,322 11,361 11,404 11,452 11,507 11,567 11,635 11,712 11,797 11,894 95,436 95,888 96,395 96,962 97,597 98,309 99,106 100,000 3,038 1,691 894 Instructions (a) Indicate whether the bonds were issued at a premium or a discount and how you can determie his fact from the schedule. (b) Indicate whether the amortization schedule is based on the straight-line method or the effective (c) Determine the stated interest rate and the effective-interest rate. interest method, and how you can determine which method is used