3.) Darla's Cookie Emporium borrowed money by issuing $200,000 of bonds at 96 on January 1, 2017. The bonds pay interest on January 1 and July 1. The stated rate of interest is 5% and the bonds mature in 10 years. Any discount or premium is amortized using the straight-line method.

Required: Prepare journal entries on the following dates:

1. January 1, 2017

2. July 1, 2017

3. December 31, 2017, the fiscal year end

4. January 1, 2018

5. January 1, 2027

Omit explanations.