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5) Bond Issue Premium straight line method Shawn issues 2 year semi annual bonds at with par value $100,000 2.5% annual interest rate for $108000

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5) Bond Issue Premium straight line method Shawn issues 2 year semi annual bonds at with par value $100,000 2.5% annual interest rate for $108000 on December 31st 2021 What will be the total interest expense on the bonds (15 POINTS) Show the entry to record the sale of the bonds Show what the interest payments will be Show the final entry to pay off the band Total Interest Expense

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