2018
Jan	1		Issued $8,000,000 of 8%, 10-year bonds payable at 97.Interest payment dates are July 1 and January 1.
Jul	1		Paid semiannual interest and amortized bond discount by thestraight-line method on the 8% bonds payable.
Dec	31		Accrued semiannual interest expense and amortized the bond discount by the straight-line method on the 8% bonds payable.
2019
Jan	1		Paid semiannual interest.
2028
Jan	1		Paid the 8% bonds at maturity.

Requirement 2. At December 31, 2018, after all year-end adjustments have been made, determine the carrying amount of Lamothe Lamothe's bonds payable, net.

At December 31, 2018, after all year-end adjustments, the carrying amount of the bonds payable is $

.

Requirement 3. For the six months ended July 2018,

determine the following for LamotheLamothe: a. Interest expense and b. Cash interest paid. What causes interest expense on the bonds to exceed cash interest paid?

For the six months ended July 1, 2018 determine the following:

a.

Interest expense is $

.

b.

Cash interest paid is $

.

What causes interest expense on the bonds to exceed cash interest paid?