Please also show the amortization table in both problems. Thank you!

Problem 6-3 (IAA) Blue Company issued, in a private placement with an investment house, P3,000,000 face amount of three-year, 16% bonds. Interest is payable semiannually on June 30 and December 31 of each year. The bonds were issued on January 1, 2020 at a price yielding the entity P2,738,682 which represents an effective interest cost of 20% per year. Required: a. Prepare an amortization table, showing the interest expense for each six-month period on the effective interest basis. Round all computations to the nearest peso. b. Prepare journal entries to record the issuance of the bonds, the interest expense at the end of the first six months and the last six months of the bond issue, and the retirement of the bonds at maturity. Problem 6-4 (ACP) Clan Company issued 3-year 12% bonds with face amount of P2,000,000. Interest is payable semiannually April 1 and October 1. The bonds were issued on April 1, 2020 for P2, 101,520 which represents an effective interest cost of 10% per year. Required: 1. Prepare an amortization table using the effective interest method. 2. Prepare journal entries for 2020 and 2021. 225