To provide funding for its Accounting Lovers' Center for the development of financial statement understanding project, Iratris Incorporated issued 5% bonds with a face amount of 5750,000 on September 1, 2021. At the time of issuance, the market rate of interest was 7% The bonds pay interest scenianmuully on February 28-and September 304 and mature in 5 years, The fiscal year ends October 31st for Harris Development. Required: 1. Calculate the selling price of the bonds and prepare no amortization schedule through 9:30:26 (wbee the bounds mature) Note: You cym were to prepare the coordination schedule Record any necessary cumul entries : September 1, 2021 October 31, 2021 February 28, 2022 September 30, 2022 October 31, 2022 February 28, 2023 2. What amount of interest expense related to the bonds will Harris report in its income statement for the year ending October 31, 2021? 3. What amounts) related to the bonds will Harris report in its balance sheet on October 31. 2021? 4. What artuun aliterest expense related to the bonds will Harris report in its income stalement for the year ending October 31, 20227 5. What artxunt) related to the bonds will Harris report in ils balance sheel on October 31, 2002