2. XYZ company issued five-year bonds with a par value of $35,000,000 and a 7% annual face on January 2, 2018. The issue price of the bond issue was $35,216,127 which reflected a 6.85% effective interest rate. Interest is paid semi- annually on July 2 and January 2. Round all answers to whole numbers. A. Complete a bond amortization table for the 1st 2 years. Date 1/2/18 7/2/18 12/31/18 7/2/19 12/31/19 Cash Paid Interest Expense Premium Amortized Carrying Value B. Determine the effect on the accounting equation upon recording the issuance of the bonds. C) Determine the effect on the accounting equation upon recording the interest paid to the bondholders on July 2, 2018. D. Determine the effect on the accounting equation upon recording the recognition of interest expense at December 31, 2018. Any premium or discount should be amortized using the effective interest rate method. E.) Determine the effect on the accounting equation upon recording the interest paid to the bondholders on January 2, 2019. F.) Determine the effect on the accounting equation upon recognizing the interest expense at December 31, 2019. Any premium or discount should be amortized using the effective interest rate method. G. What is the carrying value of the bonds on 12/31/19? H. What is the balance in the premium on bonds payable account on 12/31/19? I. Show the balance sheet presentation of the bond on 12/31/19