Problem 14-3 Straight-line and effective interest compared (LO14-2] On January 1, 2018, Bradley Recreational Products issued $140,000. 86, four-year bonds, Interest is paid semiannually on June 30 and December 31. The bonds were issued at $130,952 to yield an annual return of 10%. (FV of St. PV SEVA S PVA SI EVADO and PVAD of $i) (Use appropriate factor(s) from the tables provided.) Required: 1. Prepare an amortization schedule that determines interest at the effective interest rate. 2. Prepare an amortization schedule by the straight line method 3. Prepare the journal entries to record interest expense on June 30, 2020, by each of the two approaches. 5. Assuming the market rate is still 10%, what price would 8 second investor pay the first investor on June 30, 2020 for $14,000 of the bonds? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 5 Prepare an amortization schedule that determines interest at the effective interest rate. (Enter your answers in while dos e Payment Number Cash Payment Efective Interest ngle Balance Required 2 >