When Patey Pontoons issued 6% bonds on January 1, 2021, with a face amount of $840,000, the market yield for bonds of similar risk and maturity was 17% The bonds mature December 31, 2024 14 years. Interest is paid semiannually on June 30 and December 31 EX of PVS EVA of EVA EVAD of St and EVAD of 53 (Use appropriate factors) from the tables provided.) Required 1. Determine the price of the bonds at January 1, 2021 2. Prepare the joumal entry to record their issuance by Patey on January 1, 2021 3. Prepare an armonization schedule that determines interest at the effective rete each period 4. Prepare the journal entry to record interest on June 30, 2021 5. What is the amount related to the bonds that Patey will report in its balance sheet at December 31, 2021 6. What is the amount related to the bonds that Patay will report in its income statement for the year ended December 31, 2021 gnore income taxes) 7. Prepare the appropriate joumal entnes at maturity on December 31, 2024 Complete this question by entering your answers in the tabs below. Prepare an amortization schedule that determines interest at the effective rate sach period. (Round intermediate calculations and final as t the rest whole dollar) Cash Inst Pend 05/01/201 05302021 Best Expense Amation Carrying V 12310021 0002002 12/31/20 12050003 Tastema