The bonds pay semiannual interest on 31. The following Present value tables are provided for you: Present Value Interest Factors for One Dollar Discounted at k Percent for n Periods 4.0% 4.596 5.096 5.596 6.0% 6.596 7.0% 10.096 11.096 Periods 1 0.96154 0.95694 0.95238 0.94787 0.94340 0.93897 0.93458 0.90909 0.90090 2 0.92456 0.91573 0.90703 0.89845 0.89000 0.88166 0.87344 0.82645 0.81162 3 0.88900 0.87630 0.86384 0.85161 0.83962 0.82785 0.81630 0.75131 0.73119 4 0.85480 0.83856 0.82270 0.80722 0.79209 0.77732 0.76290 0.68301 0.65873 5 0.82193 0.80245 0.78353 0.76513 0.74726 0.72988 0.71299 0.62092 0.59345 6 0.79031 0.76790 0.74622 0.72525 0.70496 0.68533 0.66634 0.56447 0.53464 7 0.75992 0.73483 0.71068 0.68744 0.66506 0.64351 0.62275 0.51316 0.48166 8 0.73069 0.70319 0.67684 0.65160 0.62741 0.60423 0.58201 0.46651 0.43393 9 0.70259 0.67290 0.64461 0.61763 0.59190 0.56735 0.54393 0.42410 0.39092 10 0.67556 0.64393 0.61391 0.58543 0.55839 0.53273 0.50835 0.38554 0.35218 Present Value Interest Factors for a One Dollar Annuity Discounted atk Percent for n Periods 0.73069 0.70319 0.67684 0.65160 0.62741 0 60123 0.58201 0.46651 043393 5 0.54393 0.42410 0.39092 9 0.70259 0.67290 0.64461 10 0.67556 0.64393 0.61391 73 0.50835 0.38554 0.35218 Present Value Interest Factors for counted atk Percent for Periods Periods 4.09 4.596 5.096 5.596 6.09 6.5% 7.0% 10.096 11.0% 1 0.96154 0.95694 0.95238 0.94787 0.94340 0.93897 0.93458 0.90909 0.90090 2 1.88609 1.87267 1.85941 1.84632 1.83339 1.82063 1.80802 1.73554 1.71252 3 2.77509 2.74896 2.72325 2.69793 2.67301 2.64848 2.62432 2.48685 2.44371 4 3.62990 3.58753 3.54595 3.50515 3.46511 3.42580 3.38721 3.16987 3.10245 5 4.45182 4.38998 4.32948 4.27028 4.21236 4.15568 4.10020 3.79079 3.69590 6 5.24214 3.15787 5.07569 4.99553 4.91732 4.84101 4.76654 4.35526 4.23054 7 6.00205 5.89270 5.78637 5.68297 5.58238 5.48452 5.38929 4.86842 4.71220 8 6.73274 6,59589 6.46321 6.33457 6.209796.08875 5.97130 5,33493 5.14612 9 7.43533 7.26879 7.10782 6.952206.80169 6.65610 6.51523 5.759025.53705 10 8.11090 7.91272 7.72173 7.53763 7.36009 7.18883 7.02358 6.14457 5.88923 6.73274 6.59589 6.46321 6.3 15 5.97130 5.33493 5.14612 9 7.43533 7.26879 7.10782 6.9 10 6.51523 5.75902 5.53705 10 8.11090 7.91272 7.72173 7.5 883 7.02358 6.14457 5.88923 Instructions: a. Prepare the journal entry at the date of the bond issuance. Use the present value tables and round to the nearest dollar b. Prepare the journal entry for the payment of interest and the amortization of the premium on June 30, 2020. (5 Marks) c. Prepare the journal entry for the payment of interest and the amortization of the premium on December 31, 2020. (5 Mark d. How would your answer differ if the effective-interest rate is 11%. (no calculations required) (6 Marks) The bonds pay semiannual interest on 31. The following Present value tables are provided for you: Present Value Interest Factors for One Dollar Discounted at k Percent for n Periods 4.0% 4.596 5.096 5.596 6.0% 6.596 7.0% 10.096 11.096 Periods 1 0.96154 0.95694 0.95238 0.94787 0.94340 0.93897 0.93458 0.90909 0.90090 2 0.92456 0.91573 0.90703 0.89845 0.89000 0.88166 0.87344 0.82645 0.81162 3 0.88900 0.87630 0.86384 0.85161 0.83962 0.82785 0.81630 0.75131 0.73119 4 0.85480 0.83856 0.82270 0.80722 0.79209 0.77732 0.76290 0.68301 0.65873 5 0.82193 0.80245 0.78353 0.76513 0.74726 0.72988 0.71299 0.62092 0.59345 6 0.79031 0.76790 0.74622 0.72525 0.70496 0.68533 0.66634 0.56447 0.53464 7 0.75992 0.73483 0.71068 0.68744 0.66506 0.64351 0.62275 0.51316 0.48166 8 0.73069 0.70319 0.67684 0.65160 0.62741 0.60423 0.58201 0.46651 0.43393 9 0.70259 0.67290 0.64461 0.61763 0.59190 0.56735 0.54393 0.42410 0.39092 10 0.67556 0.64393 0.61391 0.58543 0.55839 0.53273 0.50835 0.38554 0.35218 Present Value Interest Factors for a One Dollar Annuity Discounted atk Percent for n Periods 0.73069 0.70319 0.67684 0.65160 0.62741 0 60123 0.58201 0.46651 043393 5 0.54393 0.42410 0.39092 9 0.70259 0.67290 0.64461 10 0.67556 0.64393 0.61391 73 0.50835 0.38554 0.35218 Present Value Interest Factors for counted atk Percent for Periods Periods 4.09 4.596 5.096 5.596 6.09 6.5% 7.0% 10.096 11.0% 1 0.96154 0.95694 0.95238 0.94787 0.94340 0.93897 0.93458 0.90909 0.90090 2 1.88609 1.87267 1.85941 1.84632 1.83339 1.82063 1.80802 1.73554 1.71252 3 2.77509 2.74896 2.72325 2.69793 2.67301 2.64848 2.62432 2.48685 2.44371 4 3.62990 3.58753 3.54595 3.50515 3.46511 3.42580 3.38721 3.16987 3.10245 5 4.45182 4.38998 4.32948 4.27028 4.21236 4.15568 4.10020 3.79079 3.69590 6 5.24214 3.15787 5.07569 4.99553 4.91732 4.84101 4.76654 4.35526 4.23054 7 6.00205 5.89270 5.78637 5.68297 5.58238 5.48452 5.38929 4.86842 4.71220 8 6.73274 6,59589 6.46321 6.33457 6.209796.08875 5.97130 5,33493 5.14612 9 7.43533 7.26879 7.10782 6.952206.80169 6.65610 6.51523 5.759025.53705 10 8.11090 7.91272 7.72173 7.53763 7.36009 7.18883 7.02358 6.14457 5.88923 6.73274 6.59589 6.46321 6.3 15 5.97130 5.33493 5.14612 9 7.43533 7.26879 7.10782 6.9 10 6.51523 5.75902 5.53705 10 8.11090 7.91272 7.72173 7.5 883 7.02358 6.14457 5.88923 Instructions: a. Prepare the journal entry at the date of the bond issuance. Use the present value tables and round to the nearest dollar b. Prepare the journal entry for the payment of interest and the amortization of the premium on June 30, 2020. (5 Marks) c. Prepare the journal entry for the payment of interest and the amortization of the premium on December 31, 2020. (5 Mark d. How would your answer differ if the effective-interest rate is 11%. (no calculations required) (6 Marks)