The following amortization and interest schedule reflects the issuance of 10-year bonds by Pharoah Corporation on January 1, 2019, 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 1/1/2019 $8,759 $146.241 2019 $17.050 $17,549 8,260 146,740 2020 17.050 17,609 7,701 147,299 2021 17,050 17,676 7,075 147,925 2022 17,050 17,751 6.374 148,626 2023 17.050 17,835 5,589 149,411 2024 17.050 17,929 4,710 150,290 2025 17.050 18.035 3,725 151,275 2026 17,050 18,153 2,622 152.378 2027 17,050 18.285 1,387 153,613 2028 17.050 18,437 155,000 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. 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, 2019. (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 the amount is entered. Do not indent manually. List all debit entries before credit entries.) Date Account Titles and Explanation January 1, 2019 Debit Credit e. On the basis of the schedule above, prepare the journal entry or entries to record the bond transactions and accruals for 2019. (Interest is paid January 13 (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 the amount is entered. Do not indent manually. List all debit entries before credit entries.) Date December 31, 2019 Account Titles and Explanation Debit Credit On the basis of the schedule above, prepare the journal entry or entries to record the bond transactions and accruals for 2026 Pharoah Corporation does not use reversing entries. (Record entries in the order displayed in the problem statement. 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 the amount is entered. Do not indent manually. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit