2. On July 1, 2017, Aloha Corporation issued 5 year bonds with a face value of $400,000. The bonds carry a stated interest rate of 8 percent that is payable each July 1 and January 1. Prepare the journal entries for each of the following 2 scenarios. (22 points) Scenario 1 July 1 Prepare the journal entry for the issuance of the bonds assuming the bonds are issued at 98. Jan 1 Prepare the journal entry for the semiannual interest payment and amortization. July 1 Prepare the journal entry for the semiannual interest payment and amortization. Scenario 2 July 1 Prepare the journal entry for the issuance of the bonds assuming the bonds are issued at 101. Jan 1 Prepare the journal entry for the semiannual interest payment and amortization. July 1 Prepare the journal entry for the semiannual interest payment and amortization.