1. Journalize the following transactions of Dupont Communications, Inc.:

2. At December 31, 20X0, after all year-end adjustments, determine the carrying amount of Dupont Communications bonds payable, net.

3. For the six months ended July 1, 20X0, determine for Dupont Communications, Inc.: a. Interest expense

b. Cash interest paid

What causes interest paid for the bonds to be higher than the interest expense?