The following amortization and interest schedule reflects the issuance of 10-year bonds by Windsor 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 Amortization Schedule Year Amount Unamortized Cash Interest Carrying Value 1/1/2014 $26.962 $ 107,338 2014 $14.773 $16,101 25,634 108,666 2015 14.773 16,300 24,107 110,193 2016 14,773 16,529 22,351 111.949 2017 14,773 16,792 20.332 113.968 2018 14.773 17,095 18,010 116,290 2019 14.773 17,444 15,339 118,961 2020 14.773 17,844 12,268 122,032 2021 14.773 18,305 B.736 125,564 2022 14,773 18,835 4,674 129,626 2023 14,773 19,447 134,300 (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. te) Determine the stated interest rate and the effective interest rate (Round answers to 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 Ofor the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit January 1, 2014 (e) On the basis of the schedule above, prepare the journal entry to reflect the bond transactions and accruals for 2014. (Interestis paid January 1.) If no entry is required, select "No Entry" for the account titles and enter 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 () On the basis of the schedule above, prepare the journal entries to reflect the bond transactions and accruals for 2021. Windsor Corporation does not use reversing entries. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit