15. Parker Company issued 9% bonds , dated January 1, with a face amount of $5.800,000 on January 1, 2018. The bonds mature in 5 years on December 31, 2022. For bonds of similar risk and maturity, the market yield is 10 %. Interest is paid semiannually on June 30 and December 31. Complete the journal entry to record the issuance of the bonds on January 1, 2018. Date Account Credit PR Debit Cash 223930 16. Wilfred Company issued 8 % bonds , dated January 1, with a face amount of $2,000,000 on January 1, 2018 for $1,736,028. The market rate is 10 %. Interest is paid semiannually on June 30 and December 31, the second amortization period using the effective interest method. Prepare the journal entry on December 31, 2018 for interest expense. Date Account PR Debit Credit 17. Using the information from #16 above, what is the carrying amount of the bond on December 31. 2018? (show your work on this one)