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Problem 14-3 (Algo) Straight-line and effective interest compared [LO14-2] On January 1,2024, Reyes Recreational Products issued $150,000,12%, four-year bonds. Interest is paid semiannually on June 30 and December 31 . The bonds were issued at $141,044 to yleid an onnual return of 14% Required: 1. Prepare an amortization schedule that determines interest at the effective interest rate. 2. Prepare an amortization schedule by the straight-line method 3. Prepare the journal entries to record interest expense on June 30,2026 , by each of the two approaches. 5. Assuming the market rate is still 14%, whot price would a second investor pay the first investor on June 30,2026 , for $21,000 of the bonds? Note: Use tables, Excel, or a financial calculator. (FV of S1. PV of S1 EVA of S1. PVA of S1, EVAD of S1 and PVAD of SD) Complete this question by entering your answers in the tabs below. Assuming the market rate is still 14\%, what price would a second investor pay the first investor on June 30, 2026, for $21,000 of the bonds? Note: Round your intermediate calculations and final answer to the nearest whole dollar: Problem 14-3 (Algo) Straight-line and effective interest compared [LO14-2] On January 1. 2024, Reyes Recreational Products issued $150,000,12%, four-year bonds Interest is paid semiannually on June 30 and December 31 . The bonds were issued at $141.044 to yeld an annual return of 14%. Required: 1. Prepare an amortization schedule that determines interest of the effective interest rate 2. Prepore on omortization schedule by the straight-line method. 3. Prepore the journal entries to record interest expense on June 30,2026, by each of the two approoches 5. Assuming the market rate is still 14\%, what price would a second investor pay the first investor on June 30,2026, for $21,000 of the bonds? Note: Use tables, Excel, or a finencial calculator. (EV of \$1, PV of \$1. FVA of \$1. PVA of S1, EVAD of \$1 and PVAD of \$1) Complete this question by entering your answers in the tabs below. Prepare an amartization schedule by the stralght-line method. Note: Do not round intermediate calculations, Enter your answers in whole dolars. Problem 14-3 (Algo) Straight-line and effective interest compared [LO14-2] On January 1, 2024, Reyes Recreationol Products issued $150,000,12% four-year bonds. Interest is paid semiannually on June 30 and December 31 . The bonds were issued at $141,044 to yield on annual return of 14% Required: 1. Prepare an amortizotion schedule that determines interest ot the effective interest rote. 2. Prepare an amortization schedule by the straight-line method 3. Prepare the journal entries to record interest expense on June 30,2026 , by each of the two approaches 5. Assuming the morket rate is still 14%, what price would a second investor pay the first investor on June 30, 2026. for $21,000 of the bonds? Note: Use tables, Excel, or a financial calculator. (EV of S1, PV of \$1. FVA of S1, PVA of S1. EVAD of \$1 and PVAD of S1) Complete this question by entering your answers in the tabs below. Prepare an amortization schedule that determines interest at the effective interest rate. Note: Enter your answers in whole dollars