The following amortization and interest schedule reflects the issuance of 10-year bonds by Pronghorn Corporation on January 1, 2014, and the subsequent interest payments and charges. The company's year-end is December 31, and financial statements are prepared once yearly. Year 1/1/2014 2014 2015 2016 Amortization Schedule Amount Cash Interest Unamortized $11,426 $22,242 $22,893 10,775 22,242 22,971 10,046 22,242 23,058 9,230 22,242 23,156 8,316 22,242 23,266 7,292 22,242 23,389 6,145 22,242 23,527 4,860 22,242 23,681 3,421 22,242 23,853 1,810 22,242 24,052 2017 Carrying Value $ 190,774 191,425 192,154 192,970 193,884 194,908 196,055 197,340 198,779 200,390 202,200 2019 2020 2021 2022 2023 (a) Indicate whether the bonds were issued at a premium or a discount. (b) Indicate whether the amortization schedule is based on the straight-line method or the effective-interest method. (c) Determine the stated interest rate and the effective-interest rate. (Round answers to o decimal places, e.g. 18%.) The stated rate The effective rate (d) On the basis of the schedule above, prepare the journal entry to record the issuance of the bonds on January 1, 2014. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Date January 1, 2014 (e) On the basis of the schedule above, prepare the journal entry to reflect the bond transactions and accruals for 2014. (Interest is paid January 1.) (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit December 31, 2014 (f) On the basis of the schedule above, prepare the journal entries to reflect the bond transactions and accruals for 2021. Pronghorn Corporation does not use reversing entries. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit (f) On the basis of the schedule above, prepare the journal entries to reflect the bond transactions and accruals for 2021. Pronghorn Corporation does not use reversing entries. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit