3. On Jan 1, 2024, Easy Corporation purchased a $2M, 5-year Bond, with the intention to keep the bond until maturity. The Bond pays semi-annual interest on July 1 and Jan 1, and Easy Corporation has a Dec 31 year end. Below is the partial amortization table for the Bond. The bond was sold on Jan 2 2027 at 97. Was the bond purchased at a Premium or Discount? Find the missing values (1) to (5) and prepare Journal Entries when the Bond was issued, the first AND last interest received, and the entry when the Bond was sold (20 marks) Interest Carrying Date Received Income Amortization Amount (1) Jan 1 2024 (2) $ 44,002.55 (3) Jul 1 2024 $ 40,000.00 $ 44,092.61 $ Jan 1 2025 $ 40,000.00 $ 44,184.69 $ Jul 1 2025 $ 40,000.00 $ 44,278.85 $ Jan 1 2026 $ 40,000.00 $ 44,375.12 $ Jul 1 2026 $ 40,000.00 $ 44,473.56 $ 1,959,671.47 4,092.61 $ 1,963,764.08 4,184.69 $ 1,967,948.77 4,278.85 $ 1,972,227.62 4,375.12 $ 1,976,602.74 (4) (5)