QUESTION 11 On October 1, 2021 Schoenfelder Corporation issued 5%, 10-year bonds with a face value of $4,000,000 at 103. Interest is paid on October 1 and April 1, with any premiums or discounts amortized on a straight-line basis Question: On October 1, 2021 the entry to record Schoenfelder's issuance of the bonds serves to: OL Reduce the carrying value of the bonds below face, Oll. Serves to decrease working capital Il Serves to increase earnings. I. Increase the carrying value of the bonds above face. QUESTION 12 The amount of interest expense that will be shown on Schoenfelder's income statement for 2021 is equal to QUESTION 13 At December 31, 2030, after the adjustment for year-end interest. Schoenfelder's carrying value of the bonds will be