Computing Amounts under Effective Interest and Straight-Line Interest Methods For the following separate bond issues, assume that the bonds are sold on January 1, 2020, interest is paid semiannually on July 1 and December 31, and the bond term is 5 years. Complete the following schedule by measuring the bond selling price on January 1, 2020, and interest expense and interest paid for 2020. Note: Round your answers to the nearest whole dollar. S Face Value Stated Market Amortization Bond Selling Case of Bonds Rate Rate Method Price $5,000 596 6% creclive interest $ 3,906 X 20,000 49 5 % Crective interest 65,000 5% 4% Straight-line 250,000 0% 7% Straight-line 40,000 7% 6% Cllective interest OX 50,000 6% 8% Straight-line Interest interest Revenue 2020 Paid 2020 50 XS 800 x 800 3.250 x 3.250 250 2,800 3,000 Ox 0 x Check