Problem 14-3 (Algo) Straight-line and effective interest compared [LO14-2] On January 1, 2024, Reyes Recreational Products issued $100,000,11%, four-year bonds. Interest is paid semiannually on June 30 and December 31 . The bonds were is5ued at $96,895 to yield an annual return of 12% 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 stil 12\%, what price would a second investor pay the first investor on June 30,2026, for $12,000 of the bonds? Note: Use tables, Excel, or a financial caiculator. (EV of S1. PV of \$1, EVA or \$1. PVA of \$1. EVAD of \$1 and PVAD of S1)