When Patey Pontoons issued 10% bonds on January 1, 2021, with a face amount of $560,000, the market yield for bonds of similar risk and maturity was 11%. Thus, the bonds issued for $542.264. The bonds mature December 31, 2024 14 years). Interest is paid semiannually on June 30 and December 31. (FV of $1. PV of $1. EVA of $1. PVA OLS. EVAD of S1 and PVAD.OR$) (Use appropriate factor(s) from the tables provided.) Required: 1. Prepare the journal entry to record bond issuance by Patey on January 1, 2021, 2. Prepare an amortization schedule that determines interest at the effective rate each period 3. Prepare the journal entry to record interest on June 30, 2021, 4. What is the amount related to the bonds that Patey will report in its balance sheet at December 31, 20217 5. What is the amount related to the bonds that Patey will report in its incopne statement for the year ended December 31, 20217 (Ignore income taxes.) 6. Prepare the appropriate journal entries at maturity on December 31, 2024 Complete this question by entering your answers in the tabs below. Reg 1 Reg2 Req3 Req 4 and 5 Req6 Journal entry worksheet Record the interest expense on June 30, 2021. Note: Enter debits before credits. Date June 30, 2021 General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet