The following amortization and interest schedule reflects the issuance of 10-year bonds by Shamrock 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 Amount Carrying Cash Interest Unamortized Value $ 59,775 $ 178,425 Year 1/1/2014 2014 $ 23,820 $26,764 56,831 181.369 2015 23,820 27.205 53,446 184,754 2016 23,820 27.713 49.553 188,647 2017 23.820 28.297 45,076 193.124 2018 23.820 28.969 39.927 198.273 2019 23,820 29.741 204.194 34.006 2020 23,820 30.629 27.197 211.003 23,820 2021 31.650 19.367 218,833 23.820 2022 32,825 10.362 227 838 2023 23.820 34 182 238,200 (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, eg. 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 for 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) Account Titles and Explanation Debit Credit Date December 31. 2014 (On the basis of the schedule above, prepare the journal entries to reflect the bond transactions and accruals for 2021. Shamrock 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