0.92 Check my work 17 Ellis Company issues 6.5%, five-year bonds dated January 1, 2019, with a $250,000 par value. The bonds pay interest on June 30 and December 31 and are issued at a price of $255,333. The annual market rate is 6% on the issue date. Required: P 1. Compute the total bond interest expense over the bonds Ife. 2. Prepare an effective interest amortization table for the bonds' life. 3. Prepare the journal entries to record the first two interest payments. Complete this question by entering your answers in the tabs below. Required 3 Required 2 Required 3 Prepare an effective interest amortization table for the bonds' life. References Senal Period Cash Interest Bond In End Paid Premium Unamorad Amortization Premium Carrying Valu 01/01/2019 06/30/2019 12/31/2010 06/30/2020 12/31/2020 06/30/2021 12/31/2021 06/30/2022 12/31/2022 06/30/2003 12/01/2023