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Problem 14-4 (Algo) Bond amortization schedule [LO14-2] On January 1, 2024, Tennessee Harvester Corporation issued debenture bonds that pay interest semiannually on June 30 and

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Problem 14-4 (Algo) Bond amortization schedule [LO14-2] On January 1, 2024, Tennessee Harvester Corporation issued debenture bonds that pay interest semiannually on June 30 and December 31, Portions of the bond amortization schedule appear below: Required: 1. What is the face amount of the bonds? 2. What is the initiol selling price of the bonds? 3. What is the term to maturity in years? 4. Interest is determined by what approach? 5. What is the stated annual interest rate? 6. What is the effective annual interest rate? 7. Whot is the total cash interest paid over the term to maturity? 8. What is the totol effectlve interest expense recorded over the term to maturity

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