Question 4: Rachel's Ranches has a May 31, 2022 year end and purchases $100,000 bond investment at a price of 112 on February 2, 2022 using cash. The bond pays cash interest at 14% at a time when market rates for investments are 7\%. They intend to hold the bond for five years until maturity on August 1,2027. Interest payments occur on August 1 and February 1 of each year. Round all amounts to the nearest dollar, no descriptions are nceded. Any discount or premium will be amortized using the straight line method