please just solve b

and show the formulas used on the table

please fast

1 E 17.3 2 (Entries for Held-to-Maturity Securities) On January 1, 2020, Hi 3 and Lois Company purchased 12$ bonds having a maturity value 4 of $300,000 for $322,744.44. The bonds provide the bond-holders 5 with a 10 % yeild. They are dated January 1, 2020, and mature 6 January 1, 2025, with interst recived on January 1 of each year. 7 Hi and Lois Company uses the effective-interest method to allocate 8 unamortized discount or premium. The bonds are classified in 9 the held-to-muturity category. 10 11 Instructions: 12 a. Prepare the journal entry at the date of the bond purchased. 13 b. Prepare a bond amortization schedule. 14 c. Prepare the journal entry to record the intrest revenue and the 15 amortization at December 31, 2020. 16 d. Prepare the journal entry to record the interest revenue and the 17 amortization at December 31, 2021. 18