The following transactions pertain to Patricia's Pirogue's Inc.: 1-Jan-20 900 TEN-year bonds with a face amount of $1,000, bearing interest at 5.0% payable semi-annually are sold for $859,078 The market/effective rate of interest is 5.6%. 30-Jun-20 Semi-annual interest is paid - amortization of discount is recorded 31-Dec-20 Semi-annual interest is paid - amortization of discount is recorded Instructions: a b Record the above transactions using the effective interest" method Compute the carrying value of the bonds at December 31, 2020 assuming the effective interest method of amortization is used. Record the above transactions using the "straight line" method Compute the carrying value of the bonds at December 31, 2020 assuming the straight-line method of amortization is used. Present the entry for the retirement of the bonds on December 31, 2023 (four years from issue date) for $1,050 cash per borta (S/L method used) d e