1. On January 1, 2019, Shapiro Corporation issued $4,300,000, 6%, 6-year bonds dated January 1, 2019, at 96. The bonds pay annual interest on January 1. The company uses the straight-line method of amortization and has a calendar year end. Instructions (a)Prepare all the journal entries that Shapiro Corporation would make related to this bond issue: 1/1/18-issue bond 12/31/18-interest accrual and amortization of discount or premium 1/1/19-payment of interest Show all calculations. (b) Calculate the carrying value of the bond at 1/1/19