11. How much is the total interest expense reported on the income statement for year two? Enter the number without $ sign and no commas. 12. When computing the price of these bonds, what time value table factors were used for the interest and the principal? Enter the factor as shown in your time value of money table.. 13. After completing the above items 1 thru 3, now assume that HammerHead Corporation decided to redeem one half of the bonds after payment 4. Prepare the journal entry to record the redemption of these bonds the day after payment 4.