Use the following to ble for question 6 PV of 1 PV of OA1 4% 5% 8% 10% 4% 5% 8% 10% 5 periods 0.82 193 0.78353 0.68058 0.62092 4.45182 4.32948 3.99271 3.79079 10 periods 0.67556 0.61391 0.46319 0.38554 8.11090 7.72173 6.71008 6.14457 6) On January 1, Year 5, Yissachar issued $50,000 of 10% bonds that will mature on January 1, Year 10, paying interest semiannually every July 1 and January 1. The market rate for such bonds is 8%. The bonds were called on April 1, Year 6, at 105 plus accrued interest. Calculate the price of the bond (show work); prepare an amortization schedule showing the bond issuance and the first two interest payments; and prepare the 4 journal entries for the bond issuance, the first two interest payments, and the bond redemption. (16 points) Cash flow Amount Present value factor Present Value amount Principal Interest Bond price Date Interest Paid Interest Expense Premium Amortized Premium Una mortized Carrying Value 1/1 Y5 7/1Y5 1/16 4/16 DEBIT CREDIT DE BIT CREDIT 1/1 Y5 Issuance 4/1 YG Accrual 7/1 Y5 Payment 4/1 V Redemption 11 Y6 Payment