Q2- At January 1, 2012, A company Purchased 10\%,20 year corporate Bond for 74,111,560. The bond has a principle amount of 80,000,000 and are priced to yields 12%. Interest is paid semi annually at the end of each period Required: (for the Issuer side) 1) Prepare the first entry for the issuance of the bond? (....../5 Points) 2) Prepare Amortization schedule for the first three Periods of the term of the instalment sales. 3) Prepare the journal entry to record the First payment. (.15) 4) Prepare the journal entry to record the second payment.(...../5) 5) What is the balance of the bond at Dec 31,2012 ? (....../5) 6) What is the total expense at end December 31,2012?(./5)