Problem 3 (10 Points Dan Majerle Company sells 10% bonds having a maturity value of $2,000,000 for $1,855,816. The bonds are dated January 1, 2001, and mature January 1, 2006. Interest is payable annually on January 1 Instructions Set up a schedule of interest expense and discount amortization under the straight-line method. Problem 4 (10 Points) Assume the same information as Problem 3. Instructions Set up a schedule of interest expense and discount amortization under the effective interest method. Assume an effective-interest of 12%