0 Required information [The following information applies to the questions displayed below.] Hillside issues $2,900,000 of 9%, 15-year bonds dated January 1, 2021, that pay interest semiannually on June 30 and December 31. The bonds are issued at a price of $2,505,923. Required: 1. Prepare the January 1 journal entry to record the bonds' issuance. 2(a) For each semiannual period, complete the table below to calculate the cash payment. 2(b) For each semiannual period, complete the table below to calculate the straight-line discount amortization. 2(c) For each semiannual period, complete the table below to calculate the bond interest expense. 3. Complete the below table to calculate the total bond interest expense to be recognized over the bonds' life. 4. Prepare the first two years of a straight-line amortization table. 5. Prepare the journal entries to record the first two interest payments. Complete this question by entering your answers in the tabs below. Req 1 Req 2A to 2C Req 3 Req 4 Req 5 Prepare the January 1 journal entry to record the bonds issuance. Fa Complete this question by entering your answers in the tabs below. Reg 1 Req 2A to 2C Req 3 Req 4 Req 5 Prepare the January 1 journal entry to record the bonds" issuance. View transaction list View journal entry worksheet No Date General Journal 1 January 01 Cash Bonds payable Premium on bonds payable Go Next > Debit 2,505,923 Credit + 2,900,000 394,077 Complete this question by entering your answers in the tabs below. Req 1 Req 2A to 2C Reg 3 Req 4 Req 5 For each semiannual period, compute (a) the cash payment, (b) the straight-line discount amortization, and (c) the bond interest exp nearest whole dollar.) Semiannual cash Par (maturity) value Annual Rate Year interest payment 2(a) Straight-line dis Par (maturity) value Bonds price Discount on Bonds Payable Semiannual periods amortizatio 2(b) Semiannual cash payment Discount amortization Bond Interest expense 2(c) Complete this question by entering your answers in the tabs below. Reg 1 Req 2A to 2C Req 3 Req 4 Reg S Complete the below table to calculate the total bond interest expense to be recognized over the bonds life. Total bond interest expense over life of bonds: Amount repaid payments of Par value at maturity Total repaid Less amount borrowed Total bond interest expense $ 0 TIRANA Internet avnane in na racontan mannet Required information Complete this question by entering your answers in the tabs below. Reg 11 Req 2A to 2C Req 3 Req 4 Reg 5 Prepare the first two years of a straight-line amortization table. (Round your intermediate and final answers to the nearest whole dollar) Semiannual Period- Unamortized Carrying Value End Discount 01/01/2021 06/30/2021 12/31/2021 06/30/2022 12/31/2022 Req5 > Complete this question by entering your answers in the tabs below. Req 1 Reg 2A to 2C Reg 3 Reg 4 Reg 5 Prepare the journal entries to record the first two interest payments. (Round your intermediate and final answers to the nearest whol dollar) View transaction list View journal entry worksheet No Date General Journal Debit Credit 1 June 30 Bond interest expense Premium on bonds payable Cash 2 December 31 Bond interest expense Premium on bonds payable Cash Next > 143,636 13,136 143,636 13.136 130,500 130,500