The following amortization and interest schedule reflects the issuance of 10-year bonds by Marigold 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 Cash Amount Interest Unamortized Carrying Value 1/1/2014 $35,453 $141,147 2014 $19,426 $21,172 33,707 142,893 2015 19,426 21,434 31,699 144,901 2016 19,426 21,735 29,390 147,210 2017 19,426 22,082 26,734 149,866 2018 19,426 22,480 23,680 152,920 2019 19,426 22,938 20,168 156,432 2020 19,426 23,465 16,129 160,471 2021 19,426 24,071 11,484 165,116 2022 19,426 24,767 6,143 170,457 2023 19,426 25,569 176,600 (a) Indicate whether the bonds were issued at a premium or a discount. Discount (b) Indicate whether the amortization schedule is based on the straight-line method or the effective-interest method. 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 % % 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. (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 December 31,2014 Debit Credit (f) On the basis of the schedule above, prepare the journal entries to reflect the bond transactions and accruals for 2021. Marigold 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 Cred eTextbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit