Problem 14-9 Zero-coupon bonds [LO14-2] On January 1, 2018, Darnell Window and Pane issued $18.5 million of 10-year, zero-coupon bonds for $6,515,413. (FV of $1. PV of $1 FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1 (Use appropriate factor(s) from the tables provided.) Required 2. Determine the effective rate of interest. 1. & 3.to 5. Prepare the necessary journal entries. Complete this question by entering your answers in the tabs General Interest rateJournal Determine the effective rate of interest. nterest rate K Interest rate General Journal> Complete this question by entering your answers in the tabs below General Journal Interest rate Prepare the necessary journal entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your intermedaite calculation and final answers to nearest whole dollar.) View transaction list 1 Record the issuance of the bonds. 2 Record annual interest expense at December 31, 2018. / 3 Record annual interest expense at December 31, 2019. 4 Record the payment at the bonds' maturity. Credit