The following amortization schedule relates to a bond issuance on January 1 . Required a. What is the face amount of the bonds? What is the selling price of the bonds? b. Were the bonds sold at a discount or premium? If so, what is the dollar amount? c. Are bond discounts or premiums amortized using the effective interest method or the straight-line intere: method? d. What is the stated rate? e. What is the market rate? f. What is the journal entry required on December 31 of Year 8 based on this amortization schedule? g. Why do market interest amounts increase cach ycar