Return to Queen On January 1 of this year, Barnett Corporation sold bonds with a face value of $504,000 and a coupon rate of 5 percent. The bonds mature in 8 years and pay interest annually on December 31. Barnett uses the effective interest amortization method. Ignore any tax effects. Each case is independent of the other cases. (FV of $1. PV of $1. EVA of $1. and PVA of 50 (Use the appropriate factors from the tables provided. Round your final answers to nearest whole dollar amount.) Required: 1. Complete the following table. The interest rates provided are the annual market rate of interest on the date the bonds were issued. Answer is complete but not entirely correct. Case A Case (5%) (0%) Case (4%) a Cash received at issuance $ 504,000 $ 472.697 $ 537.938 Interest expense recorded in Year b $ 25,200 $ 28.362 21.518 1 G Cash paid for interest in Year 1 $ 25,200 $ 25,200 25.200$ Cash paid at maturity for bond 504,000 d. $ 504,000$ 504,000 $ principal