2016 Issued $3,000,000 of 7%, 10-year bonds payable at 94. Interest payment dates are July 1 and January 1 Paid semiannual interest and amortized straight-line method on the 7% bonds payable. Accrued semiannual interest expense and amortized the bond discount by the straight-line method on the 7% bonds payable. Jan 1 Jul 1 bond discount by the Dec 31 2017 Jan 1 Paid semiannual interest. 2026 Jan 1 Paid the 7% bonds at maturity Review the following transactions of Laroche Communications, Inc.: (Click the icon to view the transactions.) Read the requirements, 1. Journalize the transactions of Laroche Communications, Inc 2. At December 31, 2016, after all year-end adjustments, determine the carrying amount of Laroche Communications bonds payable, net. 3.For the six months ended July 1, 2016, determine the following for Laroche Communications, Inc.: a. Interest expense b. Cash interest paid What causes interest expense on the bonds to exceed cash interest paid