Question 2: (7.5 points):C1, C3, D3 The records of Jalal company show the following amortizations schedule: Date Cash paid 10% Interest Exp.20% Dis/Pre Amortization Carrying value 1/1/2020 31/12/2020 36,977 31/12/2021 38,372 31/12/2022 31/12/2023 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 6,977 8,372 10.047 12.056 14,468 17,361 20,834 25,000 40,047 42,056 44,468 47,361 50,833 55,000 $184,885 $191,862 $200,234 $210,281 $222,338 $236,805 $254.166 $275,000 $300,000 31/12/2024 31/12/2025 31/12/2026 31/12/2027 At the end of 2026, the company recalled the bonds by 200,000 of its face values and the recalling expenses were $5,000. Instructions: 1- Calculate the recalling Cost. (2.5 Points) 2- Calculate the recalling gain or loss. (2.5 Points) 3- Prepare Journal entry at Dec. 31. 2026 (Date of recall) (2.5 Points)